Detroit bankruptcy judge rejects art request

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Associated Press

Posted on May 15, 2014 at 11:30 AM

Updated Thursday, May 15 at 12:01 PM

DETROIT (AP) — A judge in Detroit's bankruptcy case has rejected a request from creditors for a court order allowing them to examine valuable art.

Bond insurers facing steep losses in the bankruptcy say potential buyers should be allowed to look at certain pieces at the Detroit Institute of Arts, even remove them from the walls.

But Judge Steven Rhodes said Thursday there are no grounds for such an "extraordinary" step.

He says art can be viewed just like any other museum patron would see it. Rhodes left it up to the museum if it wants to allow access to art in storage.

Detroit is opposed to the sale of art. Foundations, the museum and the state of Michigan instead have pledged $816 million to soften pension cuts.

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