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U.S. Bankruptcy Judge Steven Rhodes on Wednesday accepted an offer by Jones Day, the law firm handling the city's July 18 municipal bankruptcy filing, to go through about 7,000 pages of financial information in a digital "data room" in the next few days and identify which documents could be made public.
Rhodes said he will entertain the city's argument to keep some of the data out of the public eye on August 28.
The city, under state-appointed Emergency Manager Kevyn Orr, set up and provided the content for the password-protected data room and allowed access to creditors involved in the historic Detroit bankruptcy filing only if they signed a nondisclosure agreement.
"This is bankruptcy. What is not relevant?" said Rhodes.
Shumaker seemed taken aback. There are scenarios of what may happen to the city's finances in the future that are best kept private, he said.