RPT-Detroit’s Dash Through Bankruptcy Awaits Court NodNovember 7, 2014 – In The News
Michael Sweet was quoted in the Reuters article, “RPT-Detroit's Dash Through Bankruptcy Awaits Court Nod.” Full text can be found in the November 7, 2014, issue, but a synopsis is below.
After almost 16 months in bankruptcy, Detroit will finally reach the finish line this Friday, when a federal judge will issue his ruling on whether the city's plan for shedding debt and investing in its future is both feasible and fair.
Fox bankruptcy attorney, Michael Sweet explained that Detroit will need to succeed with efforts to revitalize. "They have to get people to come back and stay and feel safe and secure," he said. "The city needs to prove its back."