The Art Law Blog
Wednesday, May 28, 2014
"The creditors never had any rights to the Museum Art Collection or any expectation that such charitable property would be available to satisfy their debts."
This is the ‘grubby’ reality to which the Financial Creditors must yield
The Detroit bankruptcy proceeding marches on. I've always felt the "
" argument has been the strongest one in favor of keeping the art off limits to creditors.