By — Della Cassia, DPTV Della Cassia, DPTV Leave your feedback Share Copy URL https://www.pbs.org/newshour/nation/emergency-manager-kevyn-orr-steps-detroit-emerges-bankruptcy Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Emergency Manager Kevyn Orr steps down as Detroit emerges from bankruptcy Nation Dec 12, 2014 6:29 PM EDT Following months of negotiations and court dates, Detroit finally emerged from a historic bankruptcy yesterday with a new plan for the future. The city’s former Financial Emergency Manager, Kevyn Orr, who resigned his post yesterday, was the central manager in the largest-ever municipal bankruptcy, leading the city through a fairly speedy Chapter 9 that shaved $7 billion of its $18 billion in debt. Stephen Henderson, Detroit Free Press Editorial Page Editor and host of Detroit Public Television’s (DPTV) American Black Journal, sat down with Orr for a one-on-one interview to discuss the bankruptcy, its effects on Detroit, and the short and long-term goals for the city. Orr was appointed by Michigan Governor Rick Snyder on March 14, 2013 to serve as Detroit’s Financial Emergency Manager. Prior to that, he served a key role in Chrysler’s 2009 bankruptcy and restructuring. Prior to coming to Detroit, Orr was a partner in the Washington, DC office of the international law firm Jones Day. By — Della Cassia, DPTV Della Cassia, DPTV
Following months of negotiations and court dates, Detroit finally emerged from a historic bankruptcy yesterday with a new plan for the future. The city’s former Financial Emergency Manager, Kevyn Orr, who resigned his post yesterday, was the central manager in the largest-ever municipal bankruptcy, leading the city through a fairly speedy Chapter 9 that shaved $7 billion of its $18 billion in debt. Stephen Henderson, Detroit Free Press Editorial Page Editor and host of Detroit Public Television’s (DPTV) American Black Journal, sat down with Orr for a one-on-one interview to discuss the bankruptcy, its effects on Detroit, and the short and long-term goals for the city. Orr was appointed by Michigan Governor Rick Snyder on March 14, 2013 to serve as Detroit’s Financial Emergency Manager. Prior to that, he served a key role in Chrysler’s 2009 bankruptcy and restructuring. Prior to coming to Detroit, Orr was a partner in the Washington, DC office of the international law firm Jones Day.