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News Stories (2 Results) - Municipal Debt

Reuters reported Detroit filed the largest municipal bankruptcy in U.S. history on Thursday, setting the stage for a costly court battle with creditors. According to the Reuters report, the bankruptcy, if approved by a federal judge, would force... Read Story
July 19, 2013, 07:04 AM


According to an article posted on the Fitch web site, Fitch believes the city of Syracuse's objective for requesting a legal expert's opinion on municipal bankruptcy is only informational and it is unlikely that the city will pursue bankruptcy in the... Read Story
August 10, 2012, 07:00 AM