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Email On February 19, 2013, the six-person Review Team appointed by Michigan's Governor to conduct a detailed financial review of the City of Detroit delivered its report to the Governor. The Report concludes that a financial emergency exists in the City. As a result of the Review Team's conclusion, the Governor is required to take action under Michigan's emergency financial manager law by no later than March 21, 2013. https://www.cadwalader.com/resources/clients-friends-memos/state-review-team-finds-financial-emergency-in-city-of-detroit-what-is-next-for-the-city-of-detroit