Detroit Audit Finds City Was Insolvent Prior To Bankruptcy

By Andrew Scurria · July 29, 2014, 5:43 PM EDT

The city of Detroit released a long-overdue audit finding it was insolvent when it requested Chapter 9 protection last year in the face of a $130 million budget deficit that forced...

To view the full article, register now.

Documents

Case Information

Case Title

City of Detroit, Michigan

Case Number

2:13-bk-53846

Court

Michigan Eastern

Nature of Suit

Date Filed

July 18, 2013