Source: Detroit Free PressJuly 19--It's official.迷你倉價錢U.S. Bankruptcy Judge Steven Rhodes, one of Detroit's most experienced judges known for running a strict courtroom, has been picked to oversee the Detroit's historic bankruptcy case, the biggest such filing in the nation's history involving more than $18 billion in debts that officials say piled up over 60 years.And just as legal experts had predicted, Detroit's financial fate will rest in the hands of a hometown judge, who has more than just legal skills. Outside the courtroom, the 73-year-old Rhodes plays rhythm guitar in a classic rock house band called The Indubitable Equivalents, according to the band's website. The group says it's the band of the American Bankruptcy Institute ("ABI"), a trade association for bankruptcy professionals, and that Rhodes picked up his guitar skills from his father at the age of 15, later serenading his wife with tunes such "Sound of Silence" and "Eve of Destruction."The latter song is fitting for the historic municipal bankruptcy case that Rhodes would inherit decades later.Rhodes, who has been a bankruptcy judge in the Eastern District of Michigan since 1985, also has ties to the region, unlike those who oversaw the bankruptcy cases of Detroit's automotive giants General Motors and Chrysler. Their bankruptcy cases were filed in New York.Detroit's will stay here, where, as legal experts explained, all of its assets are.-- PDF: Read the order appointing RhodesRhodes is a graduate of the University of Michigan Law School, where he taught from 1992-2002, and is a former associate editor of the Michigan Law Review and American Bankruptcy Law Journal.Before becoming a bankruptcy judge in the Eastern District of M迷你倉庫chigan, he served on the Bankruptcy Appellate Panel (BAP) of the Sixth Circuit U.S. Court of Appeals.He also formerly served as a law clerk for U.S. District Judge John Feikens, who oversaw Detroit's troubled water department. Last year, he co-authored The Ponzi Book: A Legal Resource for Unraveling Ponzi Schemes.Some local bankruptcy attorneys, who declined to be named because they practice before Rhodes, describe his demeanor as unpleasant and difficult.Some of that toughness was demonstrated in a 2005 head-to-head debate, in which Rhodes took on noted UCLA law professor Lynn LoPucki about various controversial aspects of bankruptcy law.LoPucki, a nationally recognized bankruptcy law specialist, had written a book called, "Courting Failure: How Competition for Big Cases Is Corrupting the Bankruptcy Courts."During the debate, Rhodes attacked LoPucki's theories and took issue with the book."The bottom line is that this book is an inflammatory attack on the judges in New York and Delaware," Rhodes told LoPucki at the time.In recent years, Rhodes has handled bankruptcy cases such as Awrey Bakeries, Simplified Employment Services and Collins & Aikman, a complex case that involved large debts resulting from an aggressive acquisition strategy.Rhodes was handpicked to oversee Detroit's bankruptcy case by Alice Batchelder, chief judge of the U.S. 6th Circuit Court of Appeals, a conservative who was appointed to the federal bench by former President Ronald Reagan, and to the appeals court by President George H. Bush.Contact Tresa Baldas: tbaldas@freepress.comCopyright: ___ (c)2013 the Detroit Free Press Visit the Detroit Free Press at www.freep.com Distributed by MCT Information Services儲存
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