Overview
- U.S. Bankruptcy Judge Maria Oxholm directed DTE Energy to keep electricity on through the weekend while residents remain in the building.
- The owners must deliver a deposit of more than $57,000 to DTE by Monday, Dec. 8 at 5 p.m., or a default judgment could be entered.
- Attorneys say a new financing package includes a $1.2 million loan, with the judge authorizing $423,000 for immediate use toward the deposit.
- Roughly 40 tenants who were told to leave by Dec. 3 because of a planned shutoff can stay for now under the court order.
- The property is in Chapter 11 and faces a city public-nuisance case over missed emergency repairs, with another court hearing scheduled for Jan. 12.