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Louvre 70% Down - Wildenstein Tax Fraud - Serra Sculpture Defaced - Vimarsana News

Louvre 70% Down - Wildenstein Tax Fraud - Serra Sculpture Defaced

Musée du Louvre Expierences 72% Visitor Drop In 2020  The world’s most popular museum, the Musée du Louvre in Paris has seen visitor figures tumble by a staggering 70%. The final calculation of recorded visitors in 2020 would have been even more disastrous if the record-breaking Leonardo exhibition was removed from the equation. Like many institutions, The Louvre was affected by the first Coronavirus lockdown, last Spring. Attendance figures tallied at 2.7 million visitors compared to 9.6 million in 2019. Despite the museum’s reopening again in the summer, with restricted visitor numbe...

Members of Art-Dealing Wildenstein Family Face Retrial in French Court - Vimarsana News

Members of Art-Dealing Wildenstein Family Face Retrial in French Court

January 07, 2021 at 6:13pm Members of the Wildenstein family, possessors of one of the world’s largest collection of Old Masters, have been ordered by France’s highest court to face a retrial after being acquitted of tax fraud in 2018. The new trial will mark the third time the case against French American art dealer Guy Wildenstein; his nephew Alec Wildenstein, Jr.; and Liouba Soupakova, widow of Guy’s brother Alec Wildenstein—collectively referred to in the French press as “les W”—has come before the courts. Also being tried are a notary, a lawyer, and ...

The week in art news – Indian Supreme Court approves new parliament complex - Vimarsana News

The week in art news – Indian Supreme Court approves new parliament complex

On Tuesday, the Supreme Court of India dismissed objections to the construction of  a new parliament complex in New Delhi. The plans, announced by the prime minister Narendra Modi in 2019, include the building of a new triangular parliament building and the altering and demolition of some structures. The construction of new buildings along the Central Vista, intended to be complete by India’s 75th anniversary of Independence in August 2022, is regarded by many as the deliberate destruction of Herbert Baker and Edwin Lutyens’ scheme for a new seat of government, replacing the capital i...

French High Court orders retrial of Wildenstein art dynasty tax fraud case - Vimarsana News

French High Court orders retrial of Wildenstein art dynasty tax fraud case

Guy Wildenstein in 2017 Christophe Ena/AP/Rex In a new twist to a decade-long saga, France’s High Court has ordered the retrial of a fiscal fraud case against the heirs of the Wildenstein art-dealing dynasty. The family was accused of having “omitted substantial properties detained by trusts and other entities in tax havens in declarations of inheritance” after the deaths of Daniel Wildenstein (in 2001) and his son Alec (in 2008). But at the time judges ruled that “no fiscal fraud can be held against Guy and Alec Jr Wildenstein”, because there was “no legal p...

France's highest court orders retrial of art-dealing Wildenstein family - Vimarsana News

France's highest court orders retrial of art-dealing Wildenstein family

Last modified on Mon 11 Jan 2021 06.51 EST France’s highest court has ordered a retrial of members of the art-dealing Wildenstein family who were acquitted of tax fraud in 2018. In what was described as the “trial of the missing millions”, Franco-American Guy, 74, appeared alongside his nephew Alec Jr, and his brother Alec’s widow Liouba Soupakova. A notary, two lawyers and two managers of trust funds held in Guernsey and the Bahamas were also in the dock. The accused, who denied the accusations, faced up to four years in jail. The public prosecutor asked for Guy Wildenstein to be fin...