Consultants

Detroit News

Detroit Gets Three-Day Extension to File Debt-Cutting Plan; Retiree Group Reaches Deal

May 2, 2014

The Detroit News interviewed Jim Spiotto on an approaching creditor vote in the Detroit municipal bankruptcy case. In order to avoid restarting the costly vote solicitation process, Jim emphasized the importance of getting major creditor deals into the plan before being sent to the city's creditors for a vote.