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Keyword: mattymoroun

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  • As Canada forges ahead on bridge project, trade tensions near a boil

    07/09/2018 1:14:31 AM PDT · by Tolerance Sucks Rocks · 41 replies
    Crain's Detroit Business ^ | July 8, 2018 | Chad Livengood
    WINDSOR, Ontario — The Canadian government is forging ahead with construction of a new Detroit River bridge designed to enhance trade as economic relations between the longtime trading partners grow strained — and the crossing could become a bargaining chip. Major construction of the Gordie Howe International Bridge is expected to begin this fall once a contract is signed with Bridging North America, the consortium of infrastructure companies chosen last week by the Windsor-Detroit Bridge Authority to build the bridge. The long-awaited move toward an official groundbreaking later this month comes as President Donald Trump threatens a tariff on Canadian-assembled...
  • Ruling Makes Detroit Biggest City to Qualify for Bankruptcy

    12/03/2013 3:41:13 PM PST · by Brad from Tennessee · 34 replies
    New York Times ^ | December 3, 2013 | By Bill Vlasic and Monica Davey
    DETROIT — Detroit is eligible to shed billions in debt in the largest public bankruptcy ever in the United States, a federal judge ruled Tuesday, while also finding that the public pensions could be reduced during reorganization despite a provision in Michigan’s Constitution. In ruling that Detroit was eligible to reorganize under federal bankruptcy law, Judge Steven W. Rhodes said the city met every test of insolvency, including failing to pay its debts and being unable to provide a minimum level of basic services to its 680,000 residents. “This once proud and prosperous city can’t pay its debts,” the judge...
  • Second bridge connecting Windsor and Detroit approved

    04/13/2013 8:57:33 AM PDT · by Squawk 8888 · 58 replies
    Toronto Sun ^ | April 12, 2013 | Kelly Pedro & Jessica Hume
    LONDON, Ont. — Plans for the new Detroit-Windsor bridge cleared another hurdle Friday when it got a much-anticipated presidential permit. “A lot of people are very excited. We’ve been in this region waiting for some time for this announcement,” said Windsor Mayor Eddie Francis. “We all knew the presidential permit wasn’t a question of if, it was a question of when.” Michigan Gov. Rick Snyder made the announcement in Detroit with politicians on both sides of the border in attendance. But trouble could be brewing as Ambassador Bridge owner and billionaire Manuel (Matty) Moroun filed a civil lawsuit this year...