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24 May, 2013
Reaves & Lee

Bankruptcy Review For May 24, 2013

bankruptcy 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

Atari seeking $22.2 million in bankruptcy auction