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Detroit objects to independent evaluation request of art collection

DETROIT (WKZO) -- Attorneys for the city of Detroit have filed a formal objection to a request by a group of creditors for an independent evaluation of the collection at the Detroit Institute of Arts.  Tuesday, Detroit's lawyers asked U.S. Bankruptcy Judge Steven Rhodes to reject the request saying it undermines the exclusive right of the city to file its plan of adjustment and that another assessment would be unnecessary.

Christie's continues to evaluate nearly three-thousand pieces of art bought with city funds at the DIA, and last week, the New York auction house released a preliminary report estimating they were worth between 452-million and 866-million dollars.

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