The January 21st "Asset Search News Roundup" talks about tracking Nazi-looted art; a proposed rule for detecting bank deposits by foreigners; and the Haitian money trail.
The Swiss have made available on the Internet the "FDHA/FDFA Report on the State of Work on looted Art during the National Socialist era, in particular,
“During A War Everybody Loots A Little Bit” stated thatmore than 20% of Europe’s art was believed to have been looted by the Nazis. Just some of this art was eventually recovered at or near: Vicenza, Italy; Linz, Austria; the home of the Nazi Governor-General of Poland; the Seigen copper mine in Germany;
In overruling the trial court’s September 2, 2008 opinion in Bakalar v. Vavra, Index No. 05-CV-3037 (S.D.N.Y.), the U.S. Court of Appeals determined that the heirs of Austrian-Jewish entertainer Fritz Grunbaum could proceed with their Holocaust-era art restitution claim. According to the Court of Appeals’ September 2, 2010 decision, the trial court had wrongly
The July 4th "Asset Search News Roundup" concentrates on Rudolf Leopold and cross-border activities:
Austrian museum director and art collector Rudolf Leopold died on Tuesday, as pointed out by both the Associated Press and the New York Times. According to the Copyright Litigation Blog’s July 2nd article, Mr. Leopold’s death basically raises the
Holocaust-era assets and securities fraudster Trevor Cook are the focus of this week’s "Asset Search News Roundup":
The plaintiffs’ complaint in Grosz v. The Museum of Modern Art had alleged that The Museum of Modern Art (MoMA”) was the wrongful transferee of three Holocaust-era paintings. The Court’s Order dismissed this contested provenance complaint last month on the ground that the complaint was barred by the statute of limitations.
Since the Grosz complaint was dismissed, attorney Raymond Dowd filed a Notice of Appeal on behalf of the plaintiffs. Mr. Dowd will also be lecturing on March 24, 2010 at Sotheby’s Institute of Art where he will present “Egon Schiele’s Dead City: Current Issues in Nazi Art Looting and Recovery”.
Perhaps more interesting than the dismissal of the Grosz complaint, are the historical letters discussed by Grosz. The following letters for example, were respectively mentioned during Grosz, at ¶¶39 & 48 of plaintiffs’ June 23, 2009 Declaration of Jonathan G. Petropoulos:
Continue Reading The Grosz Case & Gallery Owner Curt Valentin
Holocaust-era assets and Mutual Legal Assistance Treaties are the subjects of this “Asset Search News Roundup”:
Holocaust-era assets and drug-related assets are both covered by this “Asset Search News Roundup”:
*My article “Searching For Nazi-Looted Art” described the Holocaust-era assets / contested provenance case ofBakalar v. Vavra, Index No. 05-CV-3037 (S.D.N.Y.). The trial court in Bakalar rejected the claim that Egon Schiele’s “Seated Woman With Bent Left
The criminal conviction of former Taiwanese President Chen Shui-bian; the death of suspected Ponzi schemer Danny Pang; and the dismissal of a Holocaust-era assets case; are the subjects of this week’s "Asset Search News Roundup":
“Goering Hoards Nudes, Jingles Emeralds in Catalog of Looted Art“, quotes Reichsmarschall Hermann Goering as having said: “During a war everybody loots a little bit“. The May 28, 1945 Time Magazine article “Art: Goring’s Beauties“, valued Goering’s collection of Nazi-looted art at $200,000,000.
Here is a June 9, 1945