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Bankruptcy Court Denies Creditors’ Motion to Reappraise Detroit Institute of Arts Collection

Posted by Nicholas O'Donnell on January 22, 2014 at 12:22 PM

As we predicted when it was filed, Judge Rhodes of the U.S. Bankruptcy Court for the Eastern District of Michigan denied today several creditors’ motion to appoint an independent commission to appraise the collection of the Detroit Institute of Arts (owned by the city of Detroit) as part of the city’s ongoing bankruptcy.

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Topics: Governor Rick Snyder, Judge Rhodes, Christie's, Detroit Institute of Arts, Bankruptcy Code, Michigan, Emergency Manager Kevyn Orr, Detroit Bankruptcy

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The Art Law Report provides timely updates and commentary on legal issues in the museum and visual arts communities. It is authored by Nicholas M. O'Donnell, partner in our Art & Museum Law Practice.

The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.

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