Experts tapped to help judge in Detroit bankruptcy - myfoxcarolinas.com

Experts tapped to help judge in Detroit bankruptcy

Posted: Updated:
DETROIT (AP) -- A judge overseeing Detroit's bankruptcy has selected experts from Boston and New York to advise him on the city's plan to get out of Chapter 9.

Marti Kopacz of Phoenix Management Services will be the court's expert witness. She will give opinions on whether Detroit's plan is feasible and whether the forecast for future revenues and expenses is reasonable.

Kopacz will testify this summer when Judge Steven Rhodes holds a trial on Detroit's bankruptcy exit plan.

Rhodes also is tapping former New York Lt. Gov. Richard Ravitch for help. Ravitch won't be testifying, but he'll be a consultant working for free.

Detroit hopes to leave bankruptcy by fall. Thousands of retirees and current workers soon will vote on cuts in pension payouts.
  • Local NewsLocal NewsMore>>

  • Murder hearing for couple whose dogs killed runner

    Murder hearing for couple whose dogs killed runner

    Friday, August 1 2014 7:19 AM EDT2014-08-01 11:19:29 GMT
     A couple whose two dogs fatally mauled a 46-year-old jogger have been charged with second-degree murder.
     A couple whose two dogs fatally mauled a 46-year-old jogger have been charged with second-degree murder.
  • Migrant teens from Central America to be housed in Farmington Hills

    Migrant teens from Central America to be housed in Farmington Hills

    Friday, August 1 2014 12:10 AM EDT2014-08-01 04:10:56 GMT
    Illegal immigrant teens from Central America to be housed in Farmington HillsTwenty-four illegal immigrant teens from Central America will soon be housed at Wellspring Lutheran Services in Farmington Hills, which has secured a federal contract. The immigration issue is a major one, and what seemed far, far away is now coming closer and closer to home."We've been watching this for six, eight weeks now, now it's Michigan," said William Largent, president and CEO of Meskwaki. the business arm of...
    Illegal immigrant teens from Central America to be housed in Farmington HillsTwenty-four illegal immigrant teens from Central America will soon be housed at Wellspring Lutheran Services in Farmington Hills, which has secured a federal contract. The immigration issue is a major one, and what seemed far, far away is now coming closer and closer to home."We've been watching this for six, eight weeks now, now it's Michigan," said William Largent, president and CEO of Meskwaki. the business arm of...
  • VIDEO: Witness says man roughed up by Clinton Township police, hospital security

    VIDEO: Witness says man roughed up by Clinton Township police, hospital security

    Thursday, July 31 2014 11:25 PM EDT2014-08-01 03:25:38 GMT
    In a video spreading across social media, a Michigan man says police and hospital security roughed up a man.
    In a video spreading across social media, a Michigan man says police and hospital security roughed up a man.
  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
Powered by WorldNow

WJZY FOX 46
3501 Performance Rd.
Charlotte, NC 28214
Main Number: (704) 398-0046

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices