During a hearing today, Bankruptcy Judge Steven Rhodes said he wants Michigan lawmakers to exclude from legislation any deadlines for confirmation of the city’s plan for emergence from bankruptcy.
Here’s what he said:
“There are a bazillion things that could happen between now and Sept. 30 that would prevent us from entering an order on Sept. 30. I would hate to have to deal with the consequences of failing to meet that deadline if it’s in a piece of legislation because if it is, it would take another piece of legislation to extend it. We all know where the Legislature will be on Oct. 1, and it isn’t in Lansing. I hope somehow, someone will convey this message to the appropriate members of the Legislature to suggest reconsideration and whether it’s really necessary to have any deadline at all.”