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Kevyn Orr, Partner-in-Charge of Jones Day's Washington Office and former Emergency Manager for the City of Detroit, discusses the lessons other cities in distress can take away from Detroit's restructuring.
Kevyn Orr, Partner-in-Charge of Jones Day's
Washington Office and former Emergency Manager for the City of
Detroit, discusses the lessons other cities in distress can take
away from Detroit's restructuring, including the importance of
moving forward with restructuring, being candid with the citizenry,
and managing expectations. Mr. Orr also discusses how
pension-related issues were handled, as well as the keys to
maintaining progress once the plan of adjustment had been
realized.
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