Emanuel Back on Chicago Mayoral Ballot

NEW YORK ( TheStreet) -- Rahm Emanuel, who previously served as the White House's Chief of Staff for President Barack Obama, is going back on the ballot for mayor of Chicago.

According to multiple media reports, the Illinois Supreme Court voted 7-to-0 in favor of allowing Emanuel to re-join the race. His name was removed from the ballot after an appellate court ruled he didn't meet residency requirements.

The Wall Street Journal quoted the Illinois Supreme Court's ruling as saying the appelate court's decision was "without any foundation" in the state's laws.

Emanuel's name will reportedly appear first on the six-person ballot, the WSJ said, adding that he is believed to have a war chest of nearly $12 million for his campaign to succeed Richard Daley.

-- Written by Michael Baron in New York.

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