The Hague Pays €1M For Painting Looted In Holocaust

Law360, New York (August 15, 2011, 2:50 PM EDT) -- The Hague on Monday agreed to pay €1 million ($1.4 million) to resolve a dispute with a Jewish art dealer’s heir who sought to restore her ownership rights in a 17th century Dutch painting that was looted during the Holocaust.

Under the agreement, the Dutch municipality agreed to buy the bulk of Marei von Saher's stake in Jan Steen's “The Marriage of Tobias and Sarah,” according to an announcement from her counsel, Herrick Feinstein LLP. Von Saher said she intends to donate the remainder of her...
To view the full article, register now.