Enter bankruptcy, the fate of the city’s art collection — one of the finest in the country — now moves front and center in the legal battle over the city’s future.
It’s an asset. Creditors get first claim on assets in a bankruptcy.
If the City of Detroit had wanted to keep its “treasures,” it shouldn’t have borrowed and spent itself into bankruptcy.
Sell’em. Sell’em all, and send them to cities that will actually value them enough to protect them from this sort of fire sale.