Thursday, 21 July 2016

Lessons learned from Detroit: A judge's perspective (Evan Bursey, David Wessel, Brookings)

U.S. District Judge Gerald E. Rosen has more experience than most in resolving thorny cases of municipal distress: He was the mediator in the high profile bankruptcy of Detroit. What lessons did he draw from that experience that might apply to future municipal bankruptcies? We put that question to him at our recent Municipal Finance Conference, and he offered what he calls “The Four C’s.”

http://www.brookings.edu/blogs/up-front/posts/2016/07/20-lessons-learned-from-detroit-a-judges-perspective-wessel

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