CHICAGO — After giving a rare deposition as part of Detroit's bankruptcy case, Michigan Gov. Rick Snyder Wednesday issued a statement saying Chapter 9 was the city's last and only option for revival.
Snyder made the comment after a three-hour deposition held in his Lansing office Wednesday morning. Attorneys for the city's unions led the sworn questioning to try to clarify decisions leading up to the historic July 18 bankruptcy filing. Union attorneys hope to establish that Snyder and Detroit emergency manager Kevyn Orr did not make the decision in good faith.