Recent Stories

28

Aug

2014

Sandra Svoboda

On WDET’s Detroit Today: Previewing post-bankruptcy revitalization issues

Bridge Magazine’s Nancy Derringer and MLive reporter David Muller join Rochelle and Laura to discuss the relationship between Detroit’s seniors and gentrification in the city’s greater downtown district. We consider it a preview of discussions that promise to further intensify in the city’s post-bankruptcy era if reinvestment continues and repopulation draws younger residents into the city’s neighborhoods.

28

Aug

2014

Sandra Svoboda

On WDET’s Detroit Today: Courtroom drama, bond deals, trial preview

NextChapterDetroit’s Sandra Svoboda joins Laura Weber Davis and guest host Rochelle Riley to describe the latest courtroom surprises, how the DWSD bond sale is progressing and what to expect at the city’s bankruptcy trial, scheduled to begin Tuesday.

28

Aug

2014

Sandra Svoboda

Art on loan? Proposal seeks to use DIA collection as collateral

UPDATE: Here is the actual objection filed in court by creditors objecting to the DIA settlement proposed in the city’s bankruptcy case. In it, attorneys argue Judge Steven Rhodes should reject the city’s plans on the grounds that it does not maximize the value of the city’s assets (the artwork). The national media debuted the […]

26

Aug

2014

Sandra Svoboda

Syncora’s Alternative Universe: What if bondholders had been prioritized like pensioners?

It was Syncora’s “Alternative Universe” argument. An attorney for the bond insurer asked Judge Steven Rhodes to consider the Detroit bankruptcy case from the perspective of the financial creditor in a creative nine-minute narrative on Monday that was part of a bigger hearing. Part Mad Libs, part legal strategy, part emotional appeal, Syncora attorney Stephen […]

26

Aug

2014

Sandra Svoboda

The Detroit News: Andy Dillon to have oversight of retiree health care?

Remember Andy Dillon? He was the state representative from Livonia who became Speaker of the House. After he was term-limited out, Gov. Rick Snyder named him state Treasurer where he played a key role in Detroit’s run up to bankruptcy. Now he’s with Conway MacKenzie, a restructuring firm that has been paid more than $8 million by Detroit for its work related to the bankruptcy case. Today The Detroit News reports Dillon may help manage city retirees’ health care benefits following the bankruptcy.

25

Aug

2014

Sandra Svoboda

On Detroit Today: A report from NextChapterDetroit’s community meeting

WDET’s NextChapterDetroit visited the Grandmont Rosedale neighborhood last week, and today Jerome Vaughn reported on what we heard: there’s better lighting, home values are rising, and concerns for pensioners remain related to the city’s bankruptcy case. Here’s a link to Jerome on Detroit Today. Our next community meeting is Wednesday, Aug. 27 at Lakeridge Village, 15941 Fairfield St.

25

Aug

2014

Sandra Svoboda

DWSD bond deal approved in advance of bankruptcy trial…with timeline of deal

Judge Steven Rhodes today approved the city’s plan to refinance $1.5 billion of its water department debt. Here’s what happened in court and how the deal unfolded.

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About

Next Chapter Detroit is a place to explore and understand the city’s bankruptcy, its impact on people and neighborhoods and its long-term implications. Powered by coverage and conversations from the media outlets of the Detroit Journalism Cooperative, the site provides fact-based reporting from trusted sources and opportunities for citizen engagement.

WDET’s Sandra Svoboda is your site guide. A veteran Detroit journalist and 24-year area resident, she’ll share stories, add insight and ask questions to help decode the bankruptcy process and the city’s restructuring.

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