The Detroit Bankruptcy, Pre-Eligibility

17 Pages Posted: 15 May 2014 Last revised: 5 Mar 2015

See all articles by Melissa B. Jacoby

Melissa B. Jacoby

University of North Carolina School of Law

Date Written: September 1, 2014

Abstract

On July 18, 2013, the City of Detroit commenced the largest chapter 9 municipal bankruptcy in American history. This article examines the early phase of the case based on a review of audio recordings of court hearings and primary source documents. Decisions made during the pre-eligibility period created the conditions for greater federal court oversight of a municipal bankruptcy than prior commentators thought possible - a theme and story that will be given more expansive treatment in future work.

Keywords: Municipal Bankruptcy, Detroit, Managerial Judging, Chapter 9, Municipal Finance

JEL Classification: K19, K41

Suggested Citation

Jacoby, Melissa B., The Detroit Bankruptcy, Pre-Eligibility (September 1, 2014). Fordham Urban Law Journal, Vol. 41, p. 849, 2014, UNC Legal Studies Research Paper No. 2436555, Available at SSRN: https://ssrn.com/abstract=2436555

Melissa B. Jacoby (Contact Author)

University of North Carolina School of Law ( email )

Van Hecke-Wettach Hall, 160 Ridge Road
CB #3380
Chapel Hill, NC 27599-3380
United States

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