• What does Playboy Playmate Anna Nicole Smith have to do with Detroit’s Chapter 9 bankruptcy? [VIDEO]

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    Detroit_s_bankruptcy_and_Anna_Nicole_Smi_792900000_20130730181339_320_240DETROIT (WXYZ) – The late Anna Nicole Smith could have an effect on Detroit’s bankruptcy.

    A case she had before the US Supreme Court ended in a ruling that limits the power of bankruptcy judges.

    A lot of attorneys are looking up the case of Stern v. Marshall – Anna Nicole Smith’s legal name was Vicky Lynn Marshall.

    She’s remembered more for her buxom beauty than her legal briefs.


    But a closer look at Stern v. Marshall shows the US Supreme Court just 2 years ago split 5-4 in ruling bankruptcy judges have limited power to decide state issues.

    That’s important in the Detroit case because 32,000 retired and active Detroit city workers face cuts in their pensions.

    Check out more from this report on WXYZ

     

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