Holocaust Victim's Heirs Can't Claim Schiele Piece: 2nd Circ.

Law360, New York (October 12, 2012, 6:00 PM EDT) -- In what may mark the end of a seven-year-old art law dispute, the Second Circuit ruled Thursday that the heirs of a Jewish man murdered in the Holocaust cannot force an art collector to hand over an Egon Schiele drawing they say belongs to their family.

The heirs of Fritz Grunbaum, an Austrian cabaret artist who died at Dachau concentration camp, had called collector David Bakalar's acquisition of the 1917 drawing “Seated Woman With Bent Left Leg (Torso)” the “legal equivalent of buying it off the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.