Virtues ArtVirtues Art
  • Home
  • Art
    • Contemporary Art
  • Entertainment
  • Photography
  • Shop Virtues Art
  • Privacy Statement
    • Cookie Policy
    • Terms and Conditions
Reading: Restitution Lawsuit Over $250 M. Guelph Treasure Dismissed by Court – ARTnews.com
Share
Aa
Aa
Virtues ArtVirtues Art
  • Home
  • Art
  • Entertainment
  • Photography
  • Shop Virtues Art
  • Privacy Statement
Search
  • Home
  • Art
    • Contemporary Art
  • Entertainment
  • Photography
  • Shop Virtues Art
  • Privacy Statement
    • Cookie Policy
    • Terms and Conditions
Have an existing account? Sign In
  • Advertise
© 2023 Virtues Art. All Rights Reserved.
Virtues Art > Art > Restitution Lawsuit Over $250 M. Guelph Treasure Dismissed by Court – ARTnews.com
Art

Restitution Lawsuit Over $250 M. Guelph Treasure Dismissed by Court – ARTnews.com

VirtuesArt 3 Min Read
3 Min Read


A U.S. Court dismissed a 2015 restitution lawsuit over the Guelph Treasure, a trove of medieval devotional objects that the heirs of Nazi-era Jewish art dealers claimed had been sold under duress.

The lawsuit had been filed against the Stiftung Preussischer Kulturbesitz (SPK), which manages state-run museums in and around Berlin. The court dismissed the case because it said it could not be decided in the U.S.

The Guelph Treasure, also known in German as the Welfenschatz, includes 82 objects, among them ornate silver, relics, altarpieces, and gold and silver crucifixes. It is the largest publicly owned collection of its kind in Germany, valued at up to $250 million.

Related Articles

“SPK is pleased with the district court’s ruling, which affirms SPK’s long-held assessment that this lawsuit seeking the restitution of the Guelph Treasure should not be heard in a U.S. court,” SPK president Herrmann Parzinger told the Associated Press on Tuesday. “SPK has also long maintained that this lawsuit lacked merit, as the Guelph Treasure’s sale in 1935 was not a forced sale due to Nazi persecution.”

The heirs maintained that their ancestors were coerced into selling the artifacts below their value to the Nazi government in 1935. The state-run foundation, however, claimed that the sale was not forced and that the collection was not in Germany when it was sold.

“My clients are disappointed in the District Court’s ruling,” Nicolas O’Donnell, the heirs’ attorney, told Artnet News. “Most disappointing, of course, is that Germany continues to defy its commitments under the Washington Principles of 1998 and its own Joint Declaration to seek just and fair solutions for art misappropriated by Germany during the Holocaust. We are reviewing the decision and options to appeal.”

Originally, before the suit was presented in the U.S., this legal battle over the treasure began in Germany in 2008. The heirs of Jewish collectors Zacharias Hackenbroch, Isaac Rosenbaum, Saemy Rosenberg, and Julius Falk Goldschmidt claimed that the 1935 sale had been forced, as the artifacts had been sold for less than market value at the time and 10 percent less than had been paid by the collectors in 1929.

In 2014, a German commission found that the Great Depression accounted for the price difference and ruled that the sale was made voluntarily for fair market value. When a suit was filed in U.S. court in 2015, Germany and the SPK foundation argued that the case did not belong there.

This ruling follows an earlier decision made by the U.S. Supreme Court in 2021 that overturned a lower court’s denial of the Berlin foundation’s attempt to dismiss the suit.



Source link

You Might Also Like

Roman Abramovich’s Art Collection Has Not Been Seized Despite Sanctions: Report

Xaviera Simmons Accuses Queens Museum of Repurposing Her Work Without Permission

Memphis Citizens Call for End to New Art Museum, Claiming That It Takes Land Away from Property Owners

Tess Wei

Engraved Conch Choker Discovered on the Mayan Train Route in Mexico

VirtuesArt 09/01/2022 09/01/2022
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Sarah Lookofsky on Paulina Olowska
Next Article Zack Hatfield on Evelyn Statsinger
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Latest News

Love After Lockup: Chelsea Plans to Take Things Slow
Entertainment
Roman Abramovich’s Art Collection Has Not Been Seized Despite Sanctions: Report
Art
David Brooks Airport Meal Unleashes Torrent of Memes
Contemporary Art
Southern Charm’s Rod Razavi: Get to Know Season 9 Star
Entertainment
© 2023 Virtues Art. All Rights Reserved.
  • Home
  • Economy
  • World
  • Us Today
  • Pages
  • Join Us
Virtues Art
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Virtues Art
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Welcome Back!

Sign in to your account

Lost your password?