Yet another reason to get out of this cesspool as soon as possible.

So now apparently, although PA 4 was repealed, local municipalities who already have an EFM in place before March 27th will not have the opportunity to choose between bankruptcy, a consent agreement, "mediation" or an EM. Rather the EFM will automatically be grandfathered to an EM position.

And I bet this new law was also drafted by the "fine" folks over at Miller Canfield.

http://www.detroitnews.com/article/2...text|FRONTPAGE