Detroit Mayor Dave Bing announced Monday his choice of Cleveland-based law firm Jones Day to serve as counsel for the city’s restructuring plan. The City Council still needs to approve the contract.

The contract is one of a series of hires of outside firms required under the consent decree signed between the city and Michigan last year.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.