Bankruptcy battle heats up over offers for Detroit art collection - ...

04/09/14


New York Times

Bankruptcy battle heats up over offers for Detroit art collection
Financial Times
In a report commissioned by the city last year, Christie's, the auctioneers, said a sale of the most valuable 5 per cent of the museum's 66,000-piece collection would fetch between $454m and $867m. This could help Detroit pay down its roughly $18.5bn ...
UPDATE 1-Detroit's emergency manager rebuffs new art sale proposalReuters
Detroit Creditor Shows Court 4 Offers for the City's ArtNew York Times
Creditors in Detroit's bankruptcy claim art sale would raise more than $1 billionThe Tribune
CBS Local
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