The Craig Fahle Show

This Week's Bankruptcy Calendar

Thursday, April 10, 2014

"As the bankruptcy story is written, this week could really be one of the monumental weeks."

Sandra Svoboda | Next Chapter Detroit

Sandra Svoboda of Next Chapter Detroit breaks down what you need to know about Detroit's newest deals and bankruptcy plans.

Today, April 10

Service Corporations established in 2005-2006 by former Mayor Kwame Kilpatrick must answer to the original complaint by today.

Tomorrow, April 11

US Bankruptcy Judge Steven Rhodes will rule one the swaps settlement: An $85 million payment from the city to UBS and Bank of America on the original $280 million debt. Judge Rhodes has rejected two prior proposals for payment.

Monday, April 14

Revisions to the Plan of Adjustment will be released. This is the third release of the bankruptcy plan.