Lawyers for Detroit and a major creditor say they’re close to a settlement in the city’s bankruptcy case. The disclosure...
Syncora Guarantee Inc. News
U.S. Bankruptcy Judge Steven Rhodes ordered a week-long break in Detroit’s bankruptcy trial on Sept. 16, giving the last major...
Detroit and Syncora Guarantee Inc. reached an agreement in their dispute over claims in the city’s $7 billion debt-reduction program...
Detroit’s proposal to exit its record municipal bankruptcy by paying retirees more than bond investors will cause “serious mayhem,” an...
Syncora Guarantee Inc., an opponent of Detroit’s municipal debt-adjustment plan, saw a legal strategy backfire when a judge ruled that...
Detroit overcame efforts by bond insurers that might have slowed its plan to exit bankruptcy before the end of the...
Syncora Guarantee Inc., the bond insurer fighting Detroit’s debt-cutting plans, said it may cancel insurance it wrote for interest-rate swaps...