|Bankruptcy for Detroit-Windsor Tunnel operator|
|Written by Associated Press|
|Friday, 26 July 2013 06:16|
DETROIT (AP) — The company that operates the Detroit-Windsor Tunnel has filed for bankruptcy.
The Detroit Free Press reports Thursday (http://on.freep.com/19kImNR ) the Chapter 11 filing in U.S. Bankruptcy Court in New York is unrelated to the City of Detroit's bankruptcy filing last week.
American Roads says it wants to reorganize its debt, and operations at the tunnel won't be affected.
American Roads CEO Neal Belitsky says the filing is a "strategic decision" and "not the result of any operational problems."
He says tolls won't increase.
The tunnel stretches for about a mile under the Detroit River, connecting downtown Detroit and Windsor, Ontario.
Information from: Detroit Free Press, http://www.freep.com
Copyright 2013 The Associated Press.
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