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View Diary: Detroit Emergency Manager Approves Go-Ahead on New $450 Million Sports Arena (247 comments)

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  •  If it's part funded by Detroiters, a bk judge (1+ / 0-)
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    Notreadytobenice

    shouldn't allow bankruptcy.

    I'm not a lawyer, but as I understand it, you can't buy an expensive item then declare bankruptcy. A bankruptcy judge would see it and not allow it. Perhaps they have some crooked judge lined up to allow it, but building a stadium with any taxpayer funds should disqualify Detroit from bankruptcy.

    Building a stadium for the use of a private for-profit business with taxpayer funds should be illegal in the first place.

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