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Art Industry News: The New York Times Calls Artnet’s Wet Paint the ‘Essential’ Chronicle of NYC’s Downtown Art Scene + Other Stories Plus, Sotheby's will sell off Karl Lagerfeld's collection and the Cy Twombly Foundation sues the Louvre over a renovated gallery. The Wet Paint hat. Photo courtesy Nate Freeman. Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Monday, March 8. NEED-TO-READ Twombly Foundation Sues the Louvre – Tensions between the Cy Twombly Foundation and the ...

Last modified on Mon 15 Feb 2021 03.50 EST A French woman is being threatened with multi-million-dollar fines by a US court if she continues a legal battle to retrieve a Pissarro painting the Nazis stole from her adoptive father. The legal tussle over La Bergère Rentrant des Moutons (Shepherdess Bringing in Sheep), completed by Camille Pissarro in 1886 and worth an estimated €1.5m (£1.3m), is between Léone-Noëlle Meyer, 81, a former president of the Galeries Lafayette department store, and Oklahoma University’s Fred Jones Jr Museum of Art, which was gifted the painting by a local fam...