Two federal judges who helped usher through the complicated and historical Detroit bankruptcy are joining forces to start a downtown Detroit office of Judicial Arbitration and Mediation Services in April, Crain's Detroit Business reports.
U.S. District Judge Gerald Rosen, who helped usher through the so called "Grand Bargain," that involved saving pensions and art at the Detroit Institute of Art, is joining forces with retired U.S. Bankruptcy Judge Steven Rhodes, who oversaw the bankruptcy case, Kirk Pinho reports. Rhodes currently is transition manager for the Detroit Public Schools.
The two will be joining Clarence "Rocky" Pozza Jr., who is currently a partner at Detroit-based Miller, Canfield, Paddock and Stone PLC.
The name recognition of the trio could help generate business for the new venture.
Nathan Bomey, a former Free Press reporter (2012-15) whose book "Detroit Resurrected: To Bankruptcy and Back" came out in March, tweets:
Not remotely surprised Judges Rosen, Rhodes will become private mediators. After Detroit bankruptcy, they can cash in on national spotlight.— Nathan Bomey (@NathanBomey) October 27, 2016
1) Any suggestion that Judges Rosen and Rhodes had this planned from the beginning would be wrong.— Nathan Bomey (@NathanBomey) October 27, 2016