The architect of Detroit’s bankruptcy filing 10 years ago says it was the best fix for a broken city ...Middle East

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The architect of Detroit’s bankruptcy filing 10 years ago says it was the best fix for a broken city
DETROIT (AP) — Detroit’s newly hired emergency manager, Kevyn Orr, stood before reporters in March 2013 and issued a warning to city creditors, unions, vendors and others: “Don’t make me go to bankruptcy court. You won’t enjoy it.” On July 18, 2013, the restructuring expert did just that, making Detroit the largest city in the U.S. to file for bankruptcy. What followed was months of negotiations, federal court hearings and an unlikely coming together of foundations to keep city-owned artwork from being sold to help pay off the debt. “Bankruptcy is a miserable process,” Orr, 65, told The Associated Press earlier this month, ahead of the 10th anniversary of the filing. “It puts everybody outsi

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