DETROIT (WWJ) – The Detroit Institute of Arts has filed a response to objections by Detroit creditors to the Grand Bargain.

Representatives of the DIA released a statement saying its art is legally protected from being sold off.

The city of Detroit is defending its bankruptcy plan, saying a plan to spin-off the DIA is legal.

The Grand Bargain would provide more than $800-million to help Detroit pensioners and safeguard the DIA art collection.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Watch & Listen LIVE