About Detroit Chapter 9 Bankruptcy
Waller's Involvement in the Detroit Matter

On July 18, 2013, the City of Detroit filed the largest municipal bankruptcy in the history of the United States. Waller serves as lead counsel to the Trustee for approximately $6 billion in special revenue water bonds and sewer bonds issued by the City of Detroit.  The water and sewer bonds collectively represent one-third of the total estimated $18 billion of indebtedness owed by the City.

In the similarly historic Chapter 9 case filed in the fall of 2011, Waller's team of bankruptcy, finance, and litigation attorneys also represent the indenture trustee for the special revenue sewer warrants issued by Jefferson County, Alabama.

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