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DIA

(Credit: Bill Pugliano/Getty Images)

Detroit Bankruptcy Trial On Hold After Deal With Major Creditor

A judge has suspended Detroit’s bankruptcy trial until Monday to give the city more time to work out details of a settlement with a major creditor.

WWJ Newsradio 950–09/10/2014

Federal Court In Detroit (Photo by Bill Pugliano/Getty Images)

Detroit, Key Bankruptcy Plan Opponent Reach Deal

The joint filing by the city and bond insurer Syncora Guarantee said that they “have reached an agreement in principle” to settle the company’s $400 million claim in the nation’s largest-ever municipal bankruptcy case.

WWJ Newsradio 950–09/09/2014

Inside the Detroit Institute of Arts (credit: Bill Pugliano/Getty Images)

Will The City Of Detroit Be Tempted By Offer Of $4 Billion With DIA Art As Collateral?

Art finance lender, Capital Art Group of New York offered to loan Detroit $4 billion, if the DIA collection is used as collateral for the loan.

WWJ Newsradio 950–08/27/2014

Credit: Victor S. Mangona & Michelle J. Ubels (V. Valentin Fotografie)

Fash Bash 2014: What To Wear Guide

Slip on that show stopping dress, step into those envy-worthy stilettos, and save the date for an evening of high fashion and fine art. The DIA’s Founders Junior Council and Neiman Marcus have returned with the very popular fashion and art event, Fash Bash.

08/12/2014

(Photo: Marie Osborne/WWJ)

Companies, Foundations Pledge $26.8M To Save Art At DIA

The pledges bring the Detroit Institute of Arts to almost 80 percent of its grand bargain goal.

07/16/2014

(Credit: Bill Pugliano/Getty Images)

DIA To Make Major Grand Bargain Announcement Wednesday

A major announcement is expected in a deal that promises millions of dollars to support municipal retiree pensions while protecting city-owned artwork from possible sale as part of Detroit’s bankruptcy.

WWJ Newsradio 950–07/16/2014

Detroit Emergency Manager Kevyn Orr. (Photo by Bill Pugliano/Getty Images)

Judge Will Hear Objections From The Public On Bankruptcy Plan

“This judge wants everybody in Detroit that has an objection to the city’s plan to get out of bankruptcy come to court and prove the case,” WWJ’s Charlie Langton said.

WWJ Newsradio 950–07/11/2014

A couple looks at a painting at the Detroit Institute of Arts (DIA) on September 3, 2013. (Credit: Andrew Burton/Getty Images)

New Report: DIA Art Worth More Than $4.6 Billion

The report will likely play a major role in next month’s Detroit bankruptcy trial.

WWJ Newsradio 950–07/09/2014

A couple looks at a painting at the Detroit Institute of Arts (DIA) on September 3, 2013. (Credit: Andrew Burton/Getty Images)

Automakers Pledge $26M To Help Save Detroit’s Art Treasures

Of the $26 million, $10 million will come from Ford Motor Co., $6 million from Chrysler Group LLC, $5 million from General Motors Co. and $5 million from the General Motors Foundation.

CBS 62–06/09/2014

(Photo by Bill Pugliano/Getty Images)

Detroit Institute Of Arts To Make ‘Major Announcement’ Regarding ‘Grand Bargain’

Some creditors want Detroit to sell the art to help settle the city’s debt.

WWJ Newsradio 950–06/07/2014

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