|By PR Newswire||
|December 16, 2013 02:09 PM EST||
DETROIT, Dec. 16, 2013 /PRNewswire/ -- The following is a joint statement on behalf of the Boards of the General Retirement System of the City of Detroit and the Police and Fire Retirement System of the City of Detroit.
"The Retirement Systems of the City of Detroit are pleased that Judge Rhodes has agreed to certify our appeal directly to the Sixth Circuit Court of Appeals. In light of the expedited scheduling of this entire bankruptcy case, it is only appropriate that the appeal process be similarly expedited. We are hopeful that, because of the speed of the bankruptcy case and the national importance of the issues on appeal, the Sixth Circuit Court will accept the certification and entertain the appeal on a fast-track basis."
SOURCE General Retirement System of the City of Detroit