ARTICLE
4 October 2014

Bankruptcy’s End More Clear than Orr’s Future

Detroit Emergency Manager Kevyn Orr’s success in shepherding the city through bankruptcy will likely leave him unemployed, at least temporarily, when and if his task is completed.
United States Insolvency/Bankruptcy/Re-Structuring
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Michael A. Sweet was quoted in the Associated Press article, "Bankruptcy's End More Clear than Orr's Future." Full text can be found in the September 28, 2014, issue, but a synopsis is below.

Detroit Emergency Manager Kevyn Orr's success in shepherding the city through bankruptcy will likely leave him unemployed, at least temporarily, when and if his task is completed.

"Orr and his team have really done an extraordinary job in the last 18 months in guiding the city through uncharted water," said Michael Sweet. "It puts him at the forefront of people who do this. He would have accomplished in a very short period something no one has ever done."

"Kevyn Orr has shown that he has an extraordinary grasp on what's going on in Detroit and he's done quite a job in pulling together all the disparate pieces necessary to get very close to resolving the bankruptcy," Sweet said.

"He is definitely someone people will talk to," he said. "Whether his experience and skill set are the best fit for the next Chapter 9 — whenever there is one — remains to be seen. He was the best fit for Detroit."

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ARTICLE
4 October 2014

Bankruptcy’s End More Clear than Orr’s Future

United States Insolvency/Bankruptcy/Re-Structuring

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