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.

  1. 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,

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

Holocaust-era assets and securities fraudster Trevor Cook are the focus of this week’s "Asset Search News Roundup":

  1. An April 21, 2010 article explained that Berlin’s Free University went live with its website about Holocaust-era assets / "degenerate" art confiscated by the Nazis.  "During A War Everybody Loots A Little Bit", earlier mentioned

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”:

    1. My article “During A War Everybody Loots A Little Bit“, discusses Nazi-looted art.  A December 1, 2009, press release also raises this issue.  The December press release explains that U.S. authorities recently recovered a painting in a

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":

  •  Former Taiwanese President Chen Shui-bian’s arrest was discussed in the November 19, 2008 "Asset Search News Roundup".  As