Lansing Economic Club - Kevyn Orr
Thursday, April 23, 2015
Michigan Governor Rick Snyder appointed Kevyn Orr as emergency manager to oversee Detroit financial operations on March 14, 2013 under Public Act 72. On January 24, 2013 Snyder had signed a revised version of a controversial emergency manager law that was rejected by voters during the November election. The new law, Public Act 436, took effect on March 28, 2013 and gave the Detroit emergency manager extraordinary control over all Detroit financial matters and the ability to recommend to the governor and state treasurer that the government enter Chapter 9 bankruptcy.
Kellogg Hotel and Conference Center