The city of Detroit has made its final payment for bankruptcy, ending more than a decade of court supervision of its finances ...

City officials called this the last step in the nation's largest municipal bankruptcy case ever.

Detroit’s bankruptcy case may be closed, but the accountability attached to it remains open. Balanced budgets, stronger reserves, improved credit ratings, and population growth will matter most if ...

U.S. Bankruptcy Court Judge Thomas Tucker on Tuesday afternoon granted the city’s request for a final decree, ending federal ...

Detroit's historic bankruptcy case is officially closed. U.S. Bankruptcy Court Judge Thomas Tucker on Tuesday, May 19, ended ...

A court decree marks the final chapter for one of the largest municipal restructurings in U.S. history.

Detroit’s historic trip through Bankruptcy Court ended in December 2014 with the confirmation of the City’s Plan of Adjustment, which trimmed $7 billion in debt from the city’s balance sheet and ...

The city of Detroit plans to begin distributing the last $10 million tranche of debts owed in its 2013 bankruptcy to unsecured claimants before seeking a court order to close the books on its historic ...

Wednesday could be a historic day for Detroit. Nearly 13 years ago, it was a headline that shocked the world, but for Detroit, it had been coming for a while. On July 18, 2013, the city of Detroit ...

DETROIT – A federal judge has formally closed Detroit’s historic bankruptcy case, ending more than a decade of court supervision over the city’s finances and marking the final step in one of the ...