OPINION
GWIN, District Judge.
Like many Michigan municipalities, the City of Pontiac has experienced significant economic difficulties, especially since the 2008 financial collapse. To address Pontiac's problems, Michigan's Governor appointed Louis Schimmel as Pontiac's emergency manager. Acting under Public Act 4, Michigan's then-existing emergency manager law, Schimmel modified the collective bargaining agreements of Pontiac's retired employees. He also...
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