The bankrupt city of Detroit is in advanced talks with some bond insurers to strike a deal as early as Wednesday in efforts to build more momentum for its plan of reorganization, the Wall Street Journal reports.
The bankrupt city of Detroit is in advanced talks with some bond insurers to strike a deal as early as Wednesday in efforts to build more momentum for its plan of reorganization, the Wall Street Journal reports.
Puerto Rico’s finance arm hired restructuring lawyers at Cleary Gottlieb Steen & Hamilton LLP, as the troubled island battles a weak economy and perpetual budget deficits, the Wall Street Journal reports.
Puerto Rico’s finance arm hired restructuring lawyers at Cleary Gottlieb Steen & Hamilton LLP, as the troubled island battles a weak economy and perpetual budget deficits, the Wall Street Journal reports.
The city’s emergency manager said in federal court Thursday that he is hoping to usher Detroit out of municipal bankruptcy by mid-October, the Wall Street Journal reports.
The city’s emergency manager said in federal court Thursday that he is hoping to usher Detroit out of municipal bankruptcy by mid-October, the Wall Street Journal reports.
