MoMA Received a $4 Million Fee for Quietly Returning a Chagall Painting With Nazi Ties
The Museum of Modern Art received a $4 million fee for quietly returning a painting by Marc Chagall to the heirs of the original owner.
Source: artnet.com
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What the Story of a Botched $1 Million Auction Sale Reveals About the Clash Between New Anti-Money Laundering Laws and Client Confidentiality
A deal for a $1 million painting sold at auction fell apart after a fight about money laundering standards and client confidentiality.
Source: artnet.com
Artcurial auction house embroiled in provenance row with London dealer
Patrick Matthiesen claims the Paris auction house was unwilling to provide painting's provenance information to comply with anti-money laundering rules
Source: theartnewspaper.com
Letters: Europe's democracies must see that they will be next if Ukraine falls to Russia's dictator
SIR – In 1956, aged eight, I watched the destruction of Hungary by Russian forces.
Source: telegraph.co.uk
Acquisitions round-up: George Lucas's LA museum acquires monumental mural archive, and Getty purchases Artmesia Gentileschi's Lucretia
Lucas Museum of Narrative Art, Los Angeles Archive of Judith F. Baca’s The History of California mural (1976-84) The Lucas Museum of Narrative Art, founded by the film-maker George Lucas and his wife, the investment executive Mellody Hobson, and due to open in 2023, has acquired an archive relating to Judith F. Baca’s mural The History of California (1976-84). Better known as The Great Wall of Los Angeles, the monumental half-mile-long work in the San Fernando Valley traces the history of California from prehistoric times to the mid-1900s, encompassing the displacement of indigenous com...
Source: theartnewspaper.com