With the City of Detroit facing possible bankruptcy, Orr and his representatives have put the DIA on notice that its multibillion-dollar art collection is a city asset and could be sold as part of a broad-based resolution of the city’s massive debt, estimated at $15 billion to $17 billion. The DIA has hired a bankruptcy lawyer to advise it.

http://www.freep.com/article/20130526/ENT05/305260073/Detroit-Institute-of-Arts-and-bankruptcy

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