Deadline approaching in Detroit bankruptcy creditor vote - Los Angeles News | FOX 11 LA KTTV

Deadline approaching in Detroit bankruptcy creditor vote

Posted: Updated:
DETROIT (AP) -- The deadline is fast-approaching for thousands of creditors voting on state-emergency manager Kevyn Orr's bankruptcy restructuring plan for Detroit.

Ballots must be received by a consulting company in California by 5 p.m. EDT Friday or they won't be counted.

Orr spokesman Bill Nowling has said voting results are not expected until next week or later, and that the results will be announced in bankruptcy court.

About 32,000 retirees, current and former city workers are being asked to vote "yes" or "no" on a proposal to cut pensions for non-uniformed retirees by 4.5 percent and erase cost-of-living allowances. The proposal also eliminates some cost-of-living payments for retired police and firefighters.

Voting "no" could result in deeper cuts to pensions.

The city's bankruptcy trial is to start next month.

  • Local NewsLocal NewsMore>>

  • Sunday's storm captured by Fox 2 viewers

    Sunday's storm captured by Fox 2 viewers

    Sunday, July 27 2014 11:48 PM EDT2014-07-28 03:48:38 GMT
    We have more video of the storm and storm damage from across southeast Michigan. It's Fox 2 viewer pics and video that you sent to us.
    We have more video of the storm and storm damage from across southeast Michigan. It's Fox 2 viewer pics and video that you sent to us.
  • Storm damage in Oakland and Macomb counties

    Storm damage in Oakland and Macomb counties

    Sunday, July 27 2014 11:26 PM EDT2014-07-28 03:26:48 GMT
    Damage was reported across Metro Detroit Sunday after severe storms moved across our area. About 200,000 customers lost power in the hail, heavy rain, strong winds, localized flooding and thunder and lightning.
    Damage was reported across Metro Detroit Sunday after severe storms moved across our area. About 200,000 customers lost power in the hail, heavy rain, strong winds, localized flooding and thunder and lightning.
  • Person of interest sought in April Millsap murder

    Person of interest sought in April Millsap murder

    Sunday, July 27 2014 7:57 PM EDT2014-07-27 23:57:45 GMT
    We now know more about who police are looking for in the murder of April Millsap, 14, of Armada. Sunday, police released a sketch of a person of interest in the unsolved case.
    We now know more about who police are looking for in the murder of April Millsap, 14, of Armada. Sunday, police released a sketch of a person of interest in the unsolved case.
  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
  • MorningsMorningsMore>>

  • Club Corp Charity Golf Outing

    Club Corp Charity Golf Outing

    Sunday, July 27 2014 12:03 AM EDT2014-07-27 04:03:46 GMT
    The Skyline Club and TPC Michigan are hosting the 2014 ClubCorp Charity Classic Golf Outing. Its 18 holes of golf, continental breakfast, lunch, gifts prizes and awards! It's happening on Monday August 4, 2014.
    The Skyline Club and TPC Michigan are hosting the 2014 ClubCorp Charity Classic Golf Outing. Its 18 holes of golf, continental breakfast, lunch, gifts prizes and awards! It's happening on Monday August 4, 2014.
  • Back to School Style with Art Van Furniture

    Back to School Style with Art Van Furniture

    Sunday, July 27 2014 12:02 AM EDT2014-07-27 04:02:48 GMT
    It is time to start thinking about sending young adults off to college, and while dorm rooms and apartments are often small, they can still have style.
    It is time to start thinking about sending young adults off to college, and while dorm rooms and apartments are often small, they can still have style.
  • Tech Talk: Wedding tips replace concept of disposable cameras

    Tech Talk: Wedding tips replace concept of disposable cameras

    Saturday, July 26 2014 8:57 PM EDT2014-07-27 00:57:02 GMT
    It's not just the styles that have changed with weddings over the years -- it's also the technology. Disposable cameras used to be the norm, but now there's an even simpler way for the bride and groom to get some candid photos of their special day.
    It's not just the styles that have changed with weddings over the years -- it's also the technology. Disposable cameras used to be the norm, but now there's an even simpler way for the bride and groom to get some candid photos of their special day.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices