Economy
1:03 pm
Tue May 20, 2014

Lawsuit triggers threat of Flint bankruptcy

Flint struggles with new lawsuit that may end in bankruptcy.
Credit Flickr

Flint is renowned as the birthplace of General Motors and for the prosperity it once enjoyed as “Vehicle City.” More recently, that success has been overshadowed by troubles that have trailed the decline of auto manufacturing such as population loss, blight, crime, drugs, and debt.

Now, a lawsuit by city retirees jeopardizes ongoing efforts to improve Flint’s fortunes. Current State spoke with reporter Mike Martinez who wrote about the lawsuit in yesterday’s Detroit News.

Martinez says the suit could lead to municipal bankruptcy for Flint.

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