New legislation for artworks with Nazi-looted provenance in New York institutions

New York Governor Kathy Hochul announced last week that she had signed new legislation introduced by Senator Anna Kaplan and Assemblywoman Nily Rozic to ensure younger generations have a greater awareness of the events of the Holocaust. One element of this legislation specifies that museums in New York must “prominently” display a placard on some other type of signage indicating when a work of art was stolen by the Nazis.

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Turkey’s claim to marble figure quashed by New York Federal Judge ruling

A New York Federal Judge has decided that a marble figure which is owned by hedge fund billionaire Michael Steinhardt and which has spent decades on display at the Metropolitan Museum of Art in New York will not be returned to Turkey. The Turkish government sued for the return of the figure in 2017 however, according to Judge Alison J. Nathan, there is “insufficient evidence” to support Turkey’s claim that it should be returned.

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Dealer in Knoedler forgery scandal escapes jail time

The Long Island art dealer who sold fake Abstract Expressionist art to New York’s Knoedler Gallery has been handed a get-out-of-jail-free card by a Manhattan judge.

Glafira Rosales was indicted by the US Government in May 2013 on charges of conspiracy, tax fraud and wire fraud from the sale of up to US$60 million (£42 million) worth of fake art to the former Knoedler Gallery. On Tuesday (31 January), District Judge Katherine Polk Failla sentenced Rosales to nine months of home detention as part of a three year supervised release for her involvement in the scheme.  Continue reading