Detroit judge rejects request from creditors to value city art

[Eugene]

Source: Reuters

Detroit judge rejects request from creditors to value city art

BY JOSEPH LICHTERMAN
DETROIT Wed Jan 22, 2014 7:33pm EST

(Reuters) - The judge overseeing Detroit's bankruptcy denied a request from creditors to have an official say in valuing the city's art collection and said he will announce his decision next Tuesday on a request from Detroit retirees to block cuts to their healthcare.

Rhodes said he did not have the legal authority to approve the creation of the creditors' committee that would have examined the works of the Detroit Institute of Arts.

But even if he could have legally done so, Rhodes said he would not have approved the creation of the committee because discussion of the art should wait until after Detroit submits its plan of adjustment to the court by March 1.

Rhodes implored the city and its creditors to do their best to negotiate settlements before that deadline.

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Read more: http://www.reuters.com/article/2014/01/23/us-usa-detroit-bankruptcy-idUSBREA0M02320140123

[longship]

1. Save the Diego Rivera murals.

They are iconic Detroit. I remember them from my earliest days, when my family visited the Detroit Institute of Arts. I also went to the DIA for the opening exposition of the Tannehill bequest, French Impressionism at its finest.

Save it, Detroit! My home town.

[El_Johns]

2. Save the whole damn thing. Detroit should be going after the banksters for fraud, and the

judge already said there's a good case for it. In which case the banksters would be paying Detroit, not Detroit selling off its infrastructure to pay the banksters.

[Heidi]

3. Kick!