Despite forecasts that Michigan will have a budget surplus, a top state legislator on Wednesday warned that Detroit should not expect a state bailout for the struggling city that has filed the largest municipal bankruptcy in U.S. history.
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Attorneys for Detroit unions and retirees sought to build a case on Thursday that Emergency Manager Kevyn Orr did not negotiate in good faith before Detroit filed for bankruptcy so they could block the city from getting court protection.
The judge overseeing Detroit's bankruptcy case named a federal judge, Gerald Rosen, as the judicial mediator in the city's Chapter 9 proceedings, according to a court filing on Tuesday.
