August 8, 2013
UNDERSTANDING BANKRUPTCY: How Detroit Will Affect Other Cities – In mid-July 2013, the media all over the United States broadcast the news that the City of Detroit, Mich. had filed for Chapter 9 bankruptcy protection. The United States bankruptcy code provides that even a city may file for bankruptcy protection under 11 USC 9.
Public Citizen: Malpractice payouts hit record lows – Malpractice lawsuit awards are at an all-time low, according to an analysis from the consumer watchdog group Public Citizen.