Saturday, July 12, 2014

VICTORY???------Detroit Victory: Judge Rules Creditors Can't Tap into City's Casino Tax Revenue

Detroit Victory: Judge Rules Creditors Can't Tap into City's Casino Tax Revenue  –  Deadline Detroit
The city of Detroit scored a victory on Friday in its bankruptcy case.
U.S. District Judge Bernard Friedman affirmed a ruling by U.S. Bankruptcy Judge Steven Rhodes  that  tax revenue from Detroit's three casinos belongs to the city and can’t be accessed by a bond insurer while Detroit is in bankruptcy, 

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