Why can’t financially strapped Illinois municipalities with scant hope of saving themselves be allowed to declare bankruptcy, ...

Hudson’s Detroit, the Motor City’s first new skyscraper in nearly half a century, is a symbol of Detroit’s transformation from bankruptcy to boomtown.

The court order comes nearly a year after the Michigan House failed to present nine bills, passed by both chambers, to Gov.

Melvin "Butch" Hollowell said Mayor-elect Mary Sheffield's transition team would be the "most community-driven" in Detroit's ...

The management team that took over First brands as well as creditors of the once fast-growing Cleveland auto parts supplier have sued its founder and CEO, saying that they now know where at least ...

Gov. Gretchen Whitmer is running out of time to keep a campaign promise. During her first gubernatorial run, she pledged to ...

Larry Friedman says he sees a golden opportunity to go beyond talking and writing about the need for bankruptcy reform by using the Boy Scouts proceedings to expose the inflated fees and shoddy ...

Here’s a look at what to expect on Tuesday: Polls close at 8 p.m. ET. The AP will provide vote results and declare the winner ...

Bankrupt First Brands sued its founder, Patrick James. The lawsuit claims he improperly enriched himself at the expense of ...

A century-old Gothic church on Chicago’s South Side is one example. Built for a mostly German Catholic parish and initially ...