Progress Michigan Executive Director Statement on the Decision to Declare Detroit Eligible for Bankruptcy

FOR IMMEDIATE RELEASE

News from Progress Michigan

Tuesday, December 3, 2013

Contact: Lonnie Scott, (734) 323-6028, Lonnie@progressmichigan.org

“There is no disputing that rebuilding the great city of Detroit is paramount to a better future for the State of Michigan,” said Lonnie Scott, Executive Director of Progress Michigan. “As the bankruptcy restructuring plan progresses, it’s vital to prioritize the well-being and future of retiree pensions instead of protecting the profits of corporate creditors. I hope Judge Rhodes lives up to his promise to only approve a plan of adjustment that’s fair and equitable. ”

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