Bankruptcy battle: $350M financing deal to pay off loan - Los Angeles Local News | FOX 11 LA KTTV

Bankruptcy battle: $350M financing deal to pay off higher interest loan

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(WJBK) -

Tuesday was another hearing today in the city of Detroit's legal battle over bankruptcy. At issue this time: can the city borrow $350 million dollars to pay off a higher interest loan that it took out years ago.

VIDEO: Click on the video player above to hear Fox 2's legal analyst Charlie Langton break down what happened in court   

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