FILE – In this Oct. 23, 2013 file photo protesters rally outside federal court in Detroit during a trial to determine if Detroit is eligible to restructure $18 billion in debt. On Tuesday, Nov. 5, the UAW’s chief lawyer portrayed emergency manager Kevyn Orr and his team as inflexible in the weeks leading to the July bankruptcy filing. Unions and pensions funds opposed to bankruptcy claim there was a lack of good-faith negotiations with creditors before the Chapter 9 filing. If a judge finds that | AP
DETROIT (AP) — An eight-day trial to determine Detroit’s path in bankruptcy is closing with final arguments from the city, retiree groups, unions and pension funds.
The city filed for Chapter 9 protection in July, but a judge must determine whether Detroit is eligible to be in bankruptcy court. Critics claim emergency manager Kevyn Orr wanted bankruptcy for months and didn’t want to try good-faith negotiations before filing.
The last witness Thursday was the president of the Detroit police union. Closing arguments could last all day Friday.
If Detroit is found eligible to stay in bankruptcy, the case would turn to how to solve the city’s $18 billion in debt. The city has said it could propose a plan by the end of the year.