CHICAGO -- Creditors opposed to Detroit’s bankruptcy petition face a midnight deadline Monday to file their objections to the plan, while firms fighting the only financial settlement the city agreed to before filing for Chapter 9 bankruptcy gear up for a Wednesday hearing.

Judge Steven Rhodes, who is overseeing the historic case, set today’s deadline for creditors to file their formal objections ahead of a trial on Detroit’s eligibility for Chapter 9 bankruptcy that is set for Oct. 23.

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