Judge Steven Rhodes will reconvene a hearing to issue a ruling on whether several lawsuits claiming that Detroit's bankruptcy filing was against the Michigan state constitution should be ... more 
Judge Steven Rhodes will reconvene a hearing to issue a ruling on whether several lawsuits claiming that Detroit's bankruptcy filing was against the Michigan state constitution should be stayed. German bank Commerzbank has taken an unspecified impairment charge in its financial results on lending to the U.S. city of Detroit, but declined to say when it booked the writedown. Defending his decision to approve America's largest ever bankruptcy filing in Detroit last week, Rick Snyder returned to a point that he has been hitting on since his successful run for governor in 2010: for Michigan to thrive, Detroit must prosper. less 
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Wochit
Wed, Jul 24, 2013 6:13 PM EDT