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FILE- This April 9, 2008 file photo shows the city of Detroit. An attorney for Detroit is set to resume his opening statement, Wednesday, Sept. 3, 2014, at the city’s historic bankruptcy trial, after telling the judge on the first day that the city’s plan to restructure billions of dollars in debt is needed to free up funds to provide services to residents and allow it to survive. (AP Photo/Carlos Osorio, file)

Detroit’s CFO calls financial controls ‘very poor’

By COREY WILLIAMS - Associated Press

FILE- This April 9, 2008 file photo shows the city of Detroit. An attorney for Detroit is set to resume his opening statement, Wednesday, Sept. 3, 2014, at the city’s historic bankruptcy trial, after telling the judge on the first day that the city’s plan to restructure billions of dollars in debt is needed to free up funds to provide services to residents and allow it to survive. (AP Photo/Carlos Osorio, file)

Creditor rips debt plan in Detroit bankruptcy case

By COREY WILLIAMS - Associated Press

Detroit emergency manager Kevyn Orr speaks with reporters after addressing the Mackinac Policy Conference on Friday, May 30, 2014 on Mackinac Island, Mich. Orr said city retirees and workers considering a deal to cut their pensions risk much steeper reductions if they make a &quot;protest vote&quot; over a restructuring plan to help Detroit out of bankruptcy. (AP Photo/David Eggert)

Orr: $1 billion Detroit bankruptcy deal at risk

By DAVID EGGERT - Associated Press

Detroit’s emergency manager looks at homes in city

Associated Press

FILE--In this Oct. 12, 2006 file photo, Detroit's skyline is shown. The historic restructuring of Detroit through bankruptcy is taking a crucial step by putting its plan before the people most affected: roughly 30,000 retirees and city employees. Monday, May 12, 2014 was the deadline for ballots to have been sent to those who qualify for pensions, and should be arriving by mid-week. Detroit is proposing to cut pensions by 4.5 percent and eliminate cost-of-living payments. Retired police officers and firefighters have a better deal that trims only the cost-of-living payments. (AP Photo)

Orr tells Michigan lawmakers: ‘We need your money’

Associated Press

FILE--In this Oct. 12, 2006 file photo, Detroit's skyline is shown. The historic restructuring of Detroit through bankruptcy is taking a crucial step by putting its plan before the people most affected: roughly 30,000 retirees and city employees. Monday, May 12, 2014 was the deadline for ballots to have been sent to those who qualify for pensions, and should be arriving by mid-week. Detroit is proposing to cut pensions by 4.5 percent and eliminate cost-of-living payments. Retired police officers and firefighters have a better deal that trims only the cost-of-living payments. (AP Photo)

Critical pension deal put before Detroit employees

Associated Press

Bills propose $195 million payment to Detroit

By DAVID EGGERT - Associated Press

Detroit Emergency Manager Kevyn Orr, center, talks with media outside the Governor's office at the Michigan Capitol, Tuesday, April 29, 2014, in Lansing, Mich. (AP Photo/The Detroit News, Dale G. Young)

Orr outlines Detroit bankruptcy plan to lawmakers

Associated Press

FILE - In this Nov. 2, 2005 file photo, the Detroit skyline is shown along the Detroit River. Detroit has reached a tentative deal with unions that represent thousands of employees in the bankrupt city. Mediators announced Monday, April 28, 2014 that the city and the Coalition of Detroit Unions have agreed in principle on the “major aspects” of a five-year collective bargaining agreement.(AP Photo/Paul Sancya, File)

Detroit reaches deal with city’s largest union

Associated Press

FILE- In this July 17, 2013, file aerial photo the city of Detroit is seen. Mediators announced Wednesday, April 9, 2014, that the city of Detorit reached a deal in bankruptcy over $388 million in bonds. It is a significant agreement that could influence other creditors to try to get a settlement. The deal still needs the blessing of Judge Steven Rhodes and is only a small part of the $18 billion bankruptcy case, the largest by a local government in U.S. history. (AP Photo/Paul Sancya, File)

Detroit reaches bankruptcy deal over some bonds

By ED WHITE and COREY WILLIAMS - Associated Press

Gov. Rick Snyder speaks at the &quot;Pancakes and Politics&quot; event on Monday, April 7, 2014 in Detroit. Snyder plans to talk about Detroit's turnaround. He hired emergency manager Kevyn Orr a year ago and authorized him to take the city into bankruptcy court last summer. Orr hopes Detroit can exit bankruptcy by October. (AP Photo/Detroit News, David Coates) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT

Snyder says Detroit will exit bankruptcy by fall

Associated Press

Detroit hopes to exit bankruptcy by Oct. 15

Associated Press

Protestors, against deeper cuts in pensions, march in front of the Theodore Levin Federal Courthouse in Detroit, Tuesday Apr. 1, 2014. Detroit's updated bankruptcy plan was filed in federal court on Monday, revealing new details on how the city plans to restructure its debt and provide public services during the largest municipal bankruptcy in U.S. history. (AP Photo/Detroit Free Press, Mandi Wright) DETROIT NEWS OUT; NO SALES

Hundreds protest Detroit’s bankruptcy plan

Associated Press

Detroit files updated bankruptcy adjustment plan

By COREY WILLIAMS - Associated Press

Creditor seeks art museum documents, other records

By COREY WILLIAMS - Associated Press