Detroit judge rejects request from creditors to value city art

By Joseph Lichterman DETROIT (Reuters) – The judge overseeing Detroit's bankruptcy denied a request from creditors to have an official say in valuing the city's art collection and said he will announce his decision next Tuesday on a request from Detroit retirees to block cuts to their healthcare. Rhodes said he did not have the legal authority to approve the creation of the creditors' committee that would have examined the works of the Detroit Institute of Arts. But even if he could have legally done so, Rhodes said he would not have approved the creation of the committee because discussion of the art should wait until after Detroit submits its plan of adjustment to the court by March 1. Rhodes implored the city and its creditors to do their best to negotiate settlements before that deadline.