Mark-David Adams, a partner in Edwards Wildman
's Public Finance Department in West Palm Beach, discussed Detroit's interest-rate swaps in the Bond Buyer. In the article, "Detroit's Long-Term Liabilities, Interest-Rate Swaps, Pose Threat to Operations
," Adams said, "The bankruptcy court would try not to disturb the priority as far as cash flow between the bondholders and swap providers. If the documents provide that swap payments are paid with or at the same priority level as debt service on the bonds, the court would respect that."