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Sat, Jul. 20 2013 01:15 PM EDT

Judge Asks Detroit to Withdraw Bankruptcy

By Anugrah Kumar
A judge in Michigan ruled Friday that the bankruptcy filing by the city of Detroit with estimated debts of $18.5 billion – the largest municipal bankruptcy in U.S. history – violates the state's Constitution and must be withdrawn. (A link to this page will be included in your message. )

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