24 May, 2013
Bankruptcy Review For May 24, 2013
This week in bankruptcy news: The city of Detroit has six weeks to make big moves in the debt restructuring process if they are to avoid a Chapter 9 filing. Meanwhile, once popular game label, Atari, is seeking $22 million for its catalog of products in order to break free from the financial hold of its current French parent company.
Read the full stories below:
Emergency manager to decide on Detroit bankruptcy within six weeks