Overview
- A U.S. Bankruptcy Court approved financing and directed DTE to maintain service while the building’s owners have until Dec. 8 to make the deposit.
- Ownership’s attorney says a local lender arranged about $1.2 million in funding, with judge‑approved money available now to cover the utility deposit and urgent needs.
- Roughly 40 tenants were told after Thanksgiving to prepare to leave, but the court action allows them to stay for now as power remains on.
- DTE says it posted required 30‑day notices earlier this fall and is coordinating with Detroit officials, with the utility stating it will comply with court orders.
- Some residents are still choosing to relocate due to chronic building issues, and the bankruptcy case is set to return to court on Jan. 12.