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Battle of Detroit

Mon 22 Jul 13 | 04:45 PM ET
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Battle of Detroit

Mon 22 Jul 13 | 04:45 PM ET
A state judge has ruled Detroit's bankruptcy as unconstitutional because the state constitution protects employee pensions, reports CNBC's Scott Cohn. The Federal judge Steven Rhodes in the case is not waiting for that hearing and has set a hearing for Wednesday.

Topics:

Detroit  | Bankruptcy  | Chicago  | Debt
 
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