Council OKs $1.1-billion Detroit budget with little going toward deficit

24. May 2013Local Government UnitsPeggy PaberzsComments Off

Detroit Free Press - http://www.freep.com/article/20130524/NEWS01/305240074/Detroit-budget-deficit

DIA says art collection a public trust, not for sale

24. May 2013Local Government UnitsPeggy PaberzsComments Off

Detroit Free Press - http://www.freep.com/article/20130524/BUSINESS06/305240065/DIA-Kevyn-Orr-Detroit-bankruptcy

Detroit court in crisis, report says

24. May 2013Local Government UnitsPeggy PaberzsComments Off

USA Today - http://www.usatoday.com/story/news/nation/2013/05/23/detroit-court-in-crisis-millions-over-budget-report-says/2356717/

Review team finds ‘financial emergency’ exists, again, in Hamtramck

24. May 2013Local Government UnitsPeggy PaberzsComments Off

Michigan Radio - http://www.michiganradio.org/post/review-team-finds-financial-emergency-exists-again-hamtramck

Fear of art sale sparked by Detroit EM asking for appraisal

24. May 2013Local Government UnitsPeggy PaberzsComments Off

Yahoo! – http://news.yahoo.com/fear-art-sale-sparked-detroit-emergency-manager-asking-050359443.html

Detroit could sell its art treasures to pay its bills

23. May 2013Local Government UnitsPeggy PaberzsComments Off

Forbes – http://www.forbes.com/sites/michelinemaynard/2013/05/23/detroit-could-sell-its-art-treasures-to-pay-its-bills/

Review team finds financial emergency exists, again, in Hamtramck

23. May 2013Local Government UnitsPeggy PaberzsComments Off

Michigan Radio — http://www.michiganradio.org/post/review-team-finds-financial-emergency-exists-again-hamtramck

Detroit leaders: Loss of Flint, Genesee County as water customers a sign of deeper problems

23. May 2013UncategorizedPeggy PaberzsComments Off

MLive — http://www.mlive.com/news/flint/index.ssf/2013/05/detroit_leaders_loss_of_flint.html

Detroit EM to NY philanthropy group: We can’t liquidate or sell off Detroit

23. May 2013Local Government UnitsPeggy PaberzsComments Off

MLive — http://www.mlive.com/news/detroit/index.ssf/2013/05/detroit_emergency_manager_to_n.html

Detroit ‘crushing’ debt among first city overhauls, Orr says

23. May 2013Local Government UnitsPeggy PaberzsComments Off

Bloomberg - http://www.bloomberg.com/news/2013-05-22/detroit-crushing-debt-among-first-overhauls-for-city-orr-says.html

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In Michigan, one remedy for financially distressed school districts and municipalities is the appointment of an emergency financial manager who, by law, has broad powers to sell assets, consolidate departments, seek layoffs, reduce services and enact other cost-saving measures.

Warner has tapped into the collective expertise of attorneys who specialize in government affairs, municipal law, bankruptcy, financial services, litigation, labor and employment and other related areas of the law to create its Emergency Manager Law Group. Learn more about the group here.

We also have put together this clearinghouse of information from local, state and national media outlets to help you stay on top of the issues.

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