Justice

D.C. Lawyer Appointed as Detroit's Emergency Manager

Kevyn Orr has a background in business restructuring, and worked on Chrysler's 2009 bankruptcy.
Reuters

Michigan Governor Rick Snyder named lawyer Kevyn Orr as Detroit's emergency manager, two weeks after he announced that he was taking over the city's government. This appointment is Snyder's next step in addressing the city's financial troubles, including $14.9 billion in long-term debt and pension obligations and a nearly $327 million deficit last year.

Orr comes from Jones Day law firm in Washington, D.C., where he worked on Chrysler's 2009 bankruptcy. He received his undergraduate and law degree from the University of Michigan, and specializes in business restructuring, commercial litigation, and financial institution regulation. He is something of a bankruptcy expert. According to Huffington Post: