The AM Roundup: Detroit Faces Years of Legal Wrangling - Law ...

By Jacob Gershman

Long road: The move to restructure the debt is bound to set off months, if not years, of legal wrangling, asset sales and cuts to benefits for Detroit workers and retirees. WSJ

Creditor battle: Detroit officials may decide to reach a settlement with general-obligation bondholders in order to clear the way for wider discussions with creditors who are owed much larger sums of money. WSJ

Hit list: Detroit filed thousands of bankruptcy documents late Thursday. One of the most important is a list of the city?s top 20 creditors. Freep.com

In other news:

Memorial clash: A privately-funded Holocaust memorial to be built on the grounds of the Ohio Statehouse could ensnare the state in a separation-of-church-and-state dispute. AP

Whistle dismissal: A federal appeals court ruled that would-be whistleblowers are protected from retaliation only if they report their employer?s wrongdoing to the U.S. Securities and Exchange Commission. National Law Journal

Help wanted: New York?s chief judge is looking at corporate in-house lawyers to help fill the need for legal services for those who can?t afford it. AP

Silverstein setback: A federal judge on Thursday rejected developer Larry Silverstein?s bid to recover billions of dollars from two airlines whose planes were used in the Sept. 11, 2001, attacks. WSJ

Standing firm: Stand Your Ground may be getting more attention now after the Zimmerman verdict, but the laws themselves don?t look like they?re going anywhere. National Law Journal

Phone data ruling: The New Jersey Supreme Court ruled that police must get a search warrant before obtaining tracking information from cellphone providers. NYT

Source: http://blogs.wsj.com/law/2013/07/19/the-am-roundup-detroit-faces-years-of-legal-wrangling/

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