(Detroit Free Press)- When Detroit filed for bankruptcy, the case was expected to mirror others around the country: contentious with several years of pitched courtroom battles ahead.
But in Detroit, two powerful federal judges have refused drawn-out battles in favor of quick rulings and aggressive mediation that’s speeding the process along. Much of the action has been happening on the 7th floor of the federal courthouse, in the private chambers of Chief U.S. District Judge Gerald Rosen, where he convenes confidential mediation sessions producing rapid-fire results.
Mediation breakthroughs — most notably lining up about $800 million of private and state money for a pension rescue fund — have shifted Detroit’s historic bankruptcy case into high gear with a quick resolution potentially in sight that was unthinkable just a few months ago.