Detroit, Syncora Reach Tentative Deal Over City's Debt

By Kurt Orzeck · September 9, 2014, 10:08 PM EDT

Detroit and Syncora Holdings Ltd. have reached a tentative deal in which the bond issuer will support the city's bankruptcy exit plan in exchange for 26 cents per dollar for Detroit's...

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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