Detroit Bankruptcy Puts DIA Collection on Unsteady Ground

July 22nd, 2013

Detroit Institute of the Arts, New York TimesDetroit’s bankruptcy filing this week has once again placed the future of the Detroit Institute of Arts collection in question, with creditors sizing up the museum’s collection of works by Caravaggiovan Gogh and more.  Despite arguments for the preservation of the collection, emergency manager Kevyn D. Orr’s spokesman, Bill Nowling claims:  “We cannot negotiate in good faith with our creditors by taking assets off the table. And all of our creditors have asked about the worth of the D.I.A. And we’ve told them that they’re welcome to find out.”Read more at The New York Times