Dealer Pleads Guilty to Sale of Phony Lithograph
September 6, 2013 -- The Connecticut Law Tribune
Herrick Intellectual Property and Technology Group Chair Barry Werbin’s comments on Internet-based art fraud were featured in the Connecticut Law Tribune article “Dealer Pleads Guilty to Sale of Phony Lithograph.” In the article, Barry opines that “assessing the legitimacy of art at a gallery or auction house, where the work can be seen in person and examined by a buyer’s art consultant…is not certain to result in the purchase of a bona fide original.”
Naysayers Vamoose: Forum Asserts that ADR is a Possible Solution in Antiquity Disputes
July 25, 2013 -- The Center For Art Law
On July 25, 2013 The Center For Art Law posted a blog titled "Naysayers Vamoose: Forum Asserts that ADR is a Possible Solution in Antiquity Disputes" discussing Larry Kaye's presentation on July 17, 2013 at the “Alternatives in Art Law: The International Struggle for Antiquities” panel discussion at the EDNY Alternative Dispute Resolution Forum and Reception at the Brooklyn Courthouse. Click here to view the blog post.
Herrick Feinstein Group Aids Swedes in Recovery of Stolen Rare Atlas
June 28, 2012 -- New York Law Journal
In a story about the retrieval of the 415-year-old Wytfliet Atlas, Herrick Feinstein is noted for representing the Royal Library of Sweden. Additionally, Steven Feldman is quoted on the search for the additional 55 missing books that were stolen from the Royal Library noting, “We have leads on a number of them.”
Stolen atlas with first map of California is returned to Sweden
June 28, 2012 -- Los Angeles Times – Culture Monster
In a feature about the recovery of the Wytfliet Atlas, which contains the first printed map of California, and its return to the Royal Library, Herrick, Feinstein is noted for helping to lead the search. Commentary on the history, the recovery process and the ongoing search or other missing volumes from Steven Feldman is included throughout the article.
Stolen 415-year-old atlas returned to Sweden
June 28, 2012 -- The Telegraph
Herrick, Feinstein is noted for assisting the Royal Library of Sweden in the search for the Wytfliet Atlas and the additional 55 books that were stolen by Anders Burius.
Photo of the Day
June 27, 2012 -- ABC, Good Morning America – Yahoo! News
A photo of the Wytfliet Atlas, taken during the news conference at the Herrick, Feinstein offices announcing the book’s return to the Royal Library of Sweden, appeared as the first “Photo of the Day” in the online news outlet.
Rare stolen Swedish atlas recovered at NYC gallery
June 27, 2012 -- Associated Press
In a story about the retrieval of the Wytfliet Atlas, the firm is noted for representing the Royal Library of Sweden. Steven Feldman a partner at Herrick, Feinstein, is quoted throughout the article discussing the additional missing volumes which “went all over the world from the auction” in Germany. The Associated Press story was picked up by hundreds of outlets across the country including The Wall Street Journal, The San Francisco Chronicle, The Boston Globe, The Huffington Post, The Washington Post, ABC News, CBS News, MSN Money, CNBC, ArtDaily, U.S. News & World Report and BusinessWeek.
Historic stolen atlas returned to Sweden
June 27, 2012 -- Agence-France Presse
Herrick, Feinstein is noted for representing the Royal Library of Sweden in an article discussing the recovery of the Wytfliet Atlas. The article ran in multiple languages and appeared in outlets around the world including L’Express, Le Parisien, Le Point, RTL, Le Vif, France 24, El Pais, El Diario, Metro Portal, Univision, Nederlands Dagblad and MediaFax.
Herrick Lawyers Help Sweden Recover Atlas Stolen a Decade Ago
June 27, 2012 -- The AM Law Daily
The publication featured an article about Herrick, Feinstein’s work with the Royal Library of Sweden to recover the Wytfliet Atlas and the additional 55 books that were stolen by a former employee of the library. Partner Steven Feldman is noted for leading the Herrick team working on the assignment. The article was also featured on Law.com.
Swedes Find Stolen Atlas in New York
June 26, 2012 -- The New York Times
Howard Spiegler, Co-Chair of Herrick, Feinstein’s renowned International Art Law Practice, is noted for representing the Royal Library of Sweden in an in-depth article about the recovery of the Wytfliet Atlas, it's history and the ongoing effort to locate 55 other volumes that were stolen from the Library’s collection.
Steinhardt Pledges Picassos for Real Estate as Art Loans Surge
October 18, 2011 -- Bloomberg News
Howard Spiegler says that lenders that never before made loans using fine art as collateral are now considering such arrangements because they tend to appeal to high-net-worth individuals. Stephen Brodie, who chairs our lending practice and has experience in both art-backed loans and real estate development loans, notes that real estate development is usually financed by two- or three-year, variable-interest renovation loans, which carry relatively high interest rates because lenders fear getting a half-finished project as collateral. Howard and Stephen commented on a loan from JPMorgan Chase to a former hedge fund manager and art collector, who put up as collateral 20 pieces of fine art -- including paintings by Pablo Picasso and Jackson Pollock -- to borrow money to finance the purchase of commercial real estate.
Weary Herakles statue returns home with Erdogan
September 25, 2011 -- Today's Zaman
Lawrence Kaye and Herrick are mentioned for having successfully engineered the return to Turkey of a $1.5 million statue known as Weary Herakles. The statue, which was smuggled from Turkey in the Eighties, had been in the possession of a Boston museum.
Art in the Crossfire: A Jewish Sect’s Claims Have Led to a U.S.-Russia Embargo
August 16, 2011 -- The New York Observer
Howard Spiegler and Charles Goldstein, in his role as counsel to the Commission for Art Recovery, are quoted in this article, which examines how Chabad, a Brooklyn-based Jewish sect, is claiming to be the rightful owner of art, book and manuscripts that Russian possesses. The article notes that the dispute has led to a diplomatic strain between the U.S. and Russia, particularly as it relates to loans of artwork. The article refers to Herrick as an "art law powerhouse."
Heir Awarded $1.43 Million by Hague for Goering-Looted Part of Old Master
August 15, 2011 -- Bloomberg News
Our representation of the heir of a Jewish art dealer whose gallery was looted by the Nazis, and the heir's $1.43 million settlement with The Hague city government, are noted. Our client, Marei von Saher, daughter-in-law to and heir of Jacques Goudstikker, entered into the settlement concerning the Jan Steen painting, “The Wedding Night of Tobias and Sarah," which hangs in the Bredius Museum in The Hague. The painting had been split into segments, with The Hague owning one segment, before being reunited by restorers in 1996, and the settlement allows the painting to remain as one work.
Chabad Court Victory Sparks Russia-U.S. Art War
May 19, 2011 -- Associated Press
Howard Spiegler is quoted in “Chabad Court Victory Sparks Russia-U.S. Art War,” which describes how a long-running dispute between Russia and Chabad over ownership of centuries-old holy texts has cast doubt on whether major Western institutions will lend art and other cultural property to Russia. Howard says Russia is disingenuous in trying to blame Chabad for the dispute and notes that exhibitions imported from abroad are protected from seizure as long as the U.S. State Department has certified them.
Donate a Collection and Get a Tax Break
April 2011 -- Kiplinger's Retirement Report
Michael Kessel describes the tax scenarios of donating art or antiquities to various recipients. A donation of artwork that is unrelated to the recipient's exempt purpose, for instance, would result in a deduction only of the donor's basis, he says.
Getty Returns Nazi-Looted Painting to Heir of Amsterdam Dealer
March 29, 2011 -- Bloomberg News
Larry Kaye describes how the Los Angeles-based Getty Museum will return 'Landscape With Cottage and Figures' to the heir of Dutch art dealer Jacques Goudstikker, our client, Marei von Saher, who sued for its return in 2007. The Nazis looted the 17th Century painting when the dealer fled his native Holland when the Nazis invaded.
Letters: Looted Art
December 1, 2010 -- New York Times
Howard Spiegler and Larry Kaye's letter to the editor of the The New York Times ' travel section was published. They commented on the article "In Paris, on the Trail of Art Looted by Nazis” and explained that there are still an enormous number of artworks that have not been returned to their rightful owners.
Rules To Remember About Investing In Memorabilia
October 18, 2010 -- CNBC.com
Irwin Kishner is quoted in this special section on alternative investing, noting that collectors of sports memorabilia can be divided into two groups: those who collect for the love of the items, and those who collect for possible profit. Among his other observations, Irwin advises the buyers of memorabilia deal with auction houses and other reputable dealers to minimize the chance of fraud, and to be aware of events -- an athlete's death, for instance, or winning a championship -- that could affect the value of some items.
High Court Seeks SG Brief On California Looted Art Law
October 4, 2010 -- Law360
Larry Kaye is quoted in the Law360 article "High Court Seeks SG Brief on California Looted Art Law" which disucsses our client, Marei von Saher's case involving California's law for the recovery of artworks stolen during the Holocaust.
For Collectors, a Hard Lesson in the Art of the Swindle
September 13, 2010 -- Crain's New York Business
Larry Kaye is quoted in "For Collectors, A Hard Lesson in the Art of the Swindle" in which he notes that most insurance claims in the fine arts field are for injury to artwok sustained in transit or installation.
Stolen art superhero?
August 24, 2010 -- European Radio Network
Howard Spiegler ("often compared to Indiana Jones") and Herrick's art law practice are profiled in this radio clip and online written story, which focus on Howard's representation of victims of the Nazis during the Holocaust era, to help them recover stolen art and antiquities.
Painting stolen by Nazi now on display in New York
July 29, 2010 -- CNN
Howard Spiegler is quoted in the CNN article "Painting stolen by Nazi now on display in New York." The article notes Howard's representation of the Estate of Lea Bondi Jaray and discusses the settlement with the Leopold Musueum.
Portrait of Notoriety
July 27, 2010 -- Wall Street Journal On-Line’s
Our representation of the Estate of Lea Bondi Jaray, and the settlement with the Leopold Museum, are noted in the Wall Street Journal On-Line's article “Portrait of Notoriety.”
Heirs of Jewish Art Dealer Win $19M Settlement Over Schiele Painting Looted by Nazis
July 26, 2010 -- American Lawyer’s Am Law Litigation Daily’s
Howard Spiegler, Herrick, our representation of the Estate of Lea Bondi Jaray, and the settlement with the Leopold Museum are all mentioned in the American Lawyer’s Am Law Litigation Daily article "Heirs of Jewish Art Dealer Win $19M Settlement Over Schiele Painting Looted by Nazis."
Reviving art market offers brush with greatness
July 21, 2010 -- Crain's New York Business.com
Lawrence Kaye says the return of Russian buyers to the art market bodes well for the activity of that market, which is more vibrant than a year ago. The story notes that Herrick represented the seller of the Picasso that sold at a recent auction for the highest price ever paid for a piece of art at auction.
Stephen Kinzer: The U.S. Needs to Reset its Own Foreign Policy
June 17, 2010 -- Lightmillennium.com
Larry Kaye is quoted in "Stephen Kinzer: The U.S. Needs to Reset its Own Foreign Policy" which covers a book event for Stephen Kinzer's "Reset: Iran, Turkey, and America's Future" at which Larry Spoke and introduced the author. The article notes Larry's position as Vice-Chairman of the American Turkish Society and as one of the co-presenters of the event.
Panel Report: Perspectives on a proposed State Department Commission on Nazi Looted Art
Spring 2010 -- Cultural Heritage & Art Review
Charles Goldstein, and Herrick are mentioned in the first issue of Cultural Heritage & Art Review which was founded by the Interest Group on Cultural Heritage and the Arts at the American Society of International Law. The article notes Charles' role as a panalist in the ASIL Cultural Heritage & Arts Interest Group's inaugural panel.
Nazi Art Litigation Alert: Seized Schiele Painting Case Cleared for Trial
October 8, 2009 -- The AmLaw Litigation Daily
This item notes that Howard Spiegler and Herrick are representing the heirs of art dealer Lea Bondi, who are seeking the return of the painting "Portrait of Wally." Bondi's heirs and Austria's Leopold Museum have been fighting for custody and ownership of the painting, which has sat in a warehouse since 1997, when it was seized by the Manhattan DA's office because it was believed to be stolen from its rightful owners by the Nazis.
Week in Review
March 13, 2009 -- The Jewish Channel
The Jewish Channel's "Week in Review" features a segment on the Goudstikker Exhibition at the Jewish Museum. Larry Kaye and Herrick clients Marei and Charlene von Saher are interviewed.
U.S. museum exhibits Old Master art looted by Nazis
March 10, 2009 -- Reuters
Larry Kaye tells Reuters that the majority of paintings once owned by Jacques Goudstikker is unaccounted for, although some 200 have been returned to his heirs. Kaye makes his remarks in Reuters story that notes that nearly 50 paintings by the Dutch Old Masters that were seized by the Nazis during World War II will be on display at the Jewish Museum in New York.
Twenty Top Shows
March 1, 2009 -- Artnet
The Herrick-sponsored exhibit “Reclaimed: Paintings from the Collection of Jacques Goudstikker” at the Jewish Museum is featured in the article.
Work by Kazimir Malevich Sold for Record $60 Million
November 4, 2008 -- The International Herald Tribune
This article describes the November 4 auction at Sotheby’s where Kazimir Malevich’s Suprematist Composition, one of five paintings that Herrick helped recover from the City of Amsterdam for the heirs of Kazimir Malevich, sold for $60 million, a record price for the artist and a world record for Russian art.
Russian Abstract Painting Bucks Art Gloom
November 4, 2008 -- AFP
This article notes that Kazimir Malevich's Suprematist Composition sold for $60 million at Sotheby's in New York, despite the dismal auction market.
If This Picture Could Talk:
A Malevich painting's long route to the auction block
November 1, 2008 -- Wall Street Journal
This story mentions the efforts of Larry Kaye and Howard Spiegler to secure for our clients the return of valuable art, including a painting by Kazimir Malevich, that was looted by the Nazis. Kaye and Spiegler are noted for their seven-year negotiations with two museums that came into possession of the painting, as part of its 60-year odyssey that culminated in its sale at auction.
Meeting wife spawned love for art and new business
October 19, 2008 -- The Journal News
Larry Kaye was quoted, respectively, about the state of the art transaction market and the taxation implications of the disposition of art. Kaye notes that the art transaction market is booming for a variety of reasons.
The Art World
October 2008 -- American Lawyer
This item notes that Herrick has a renowned international art law practice without having offices overseas. It highlights some of our most notable wins in art recovery and quotes Mari-Claudia Jiménez on the likelihood that Cuba may be the next frontier for recovery of nationalized art, particularly as the political landscape there changes.
Think Global, Stay Local: Working From Home
October 2008 -- American Lawyer
This feature includes Herrick as one of the most prominent American law firms doing significant international legal work without having offices overseas. It mentions our insurance and reinsurance work in the U.K., France and Germany; Japanese corporate practice; and international art practice.
Sotheby’s To Auction One of the Greatest Modern Paintings Ever Offered for Sale
October 3, 2008 -- Sotheby’s Press Release
This press release announces that the "Suprematist Composition" by Kazimir Malevich, one of the five paintings that Herrick recovered from the City of Amsterdam for the Heirs of Kazimir Malevich, is being offered for sale at Sotheby's Impressionist and Modern Art Auction on November 3 in New York. The painting will carry a pre-sale "low estimate" of $60 million.
Q&A with Lawrence M. Kaye
2008 -- Art & Cultural Heritage Law Newsletter
This newsletter features a Q&A with Lawrence Kaye on his career and accomplishments as an art law attorney.
June 29, 2008 -- El Nuevo Herald
An interview with Mari-Claudia Jiménez is the subject of the article "Arte Recuperado" (Art Recovered), in which she discusses her work and Herrick's Art Law Practice.
Reclamaciones de Arte a Dictaduras Nazis y Comunistas
June 17, 2008 -- El Nuevo Herald
Mari-Claudia Jiménez is mentioned in this article, which covers a conference at which she spoke, entitled "Plundered Patrimony: The Systematic Theft of Europe by the Nazis and Communists." The conference focused on the looting of Europe's cultural patrimony.
June 2008 -- ARTnews
Lawrence Kaye is quoted in this article about his work for the heirs of Kazimir Malevich in their successful settlement to reclaim their family's paintings.
Seized, Reclaimed and Now on View
April 27, 2008 -- The New York Times
Larry Kaye is mentioned for having successfully represented Marei von Saher in her efforts to recover art seized by the Nazis from her father-in-law, a Dutch-Jewish art dealer.
March 7, 2008 -- artinfo.com
Howard Spiegler's presentation on looted art, held March 4 at Cardozo School of Law, is discussed in this article.
Grandmother Fights for Nazi-stolen Art
February 20, 2008 -- The Journal News
Elizabeth Holtzman is quoted in an article about attempts by her client Martha Nierenberg to reclaim family paintings that were stolen by the Nazis.
February 2008 -- Smithsonian Magazine
Charles Goldstein is quoted in an article about the scale of cultural theft by the Nazis during World War II.
Prix Monique Raynaud-Contamine
2007 -- Union Internationale des Avocats
Howard Spiegler is awarded the Prix Monique Raynaud-Contamine by the Union Internationale des Avocats (International Association of Lawyers) for his essay "Restitution of Nazi-Looted Art: View from the United States."
City of Amsterdam Can be Sued in US
September 2007 -- The Art Newspaper
Howard Spiegler and Larry Kaye are mentioned regarding their representation of the heirs of the artist Kazimir Malevich in litigation to recover artwork from the Stedelijk Museum, which is owned by the city of Amsterdam.
Goudstikker Heir Sues California Museum To Recover Two Important Paintings Looted by the Nazis
May 2, 2007 -- Herrick, Feinstein LLP
Marei Von Saher, the sole living heir of the noted Jewish art dealer, Jacques Goudstikker (1897-1940), filed a lawsuit yesterday in the United States District Court for the Central District of California against the Norton Simon Museum in Pasadena, California to recover two iconic life-size paintings, Adam and Eve by Lucas Cranach the Elder.
Stolen Artworks and the Lawyers Who Reclaim Them
March 28, 2007 -- The New York Times
Howard Spiegler and Lawrence Kaye are featured in this article about the Herrick, Feinstein art recovery practice and the larger issues in looted and stolen art and its recovery.
The Bounty Hunters
March 23, 2007 -- Wall Street Journal
Lawrence Kaye is the focus of this article -- and fellow Herrick art law partner Howard Spiegler is mentioned -- on the growth in the field of art recovery.
Five Paintings from the Goudstikker Collection to Stay in The Netherlands
March 2007 -- Herrick, Feinstein LLP
Marei von Saher, the sole heir of the noted pre-War Dutch art dealer Jacques Goudstikker, announced today that she is donating one of the paintings that the Dutch government restituted to her in February 2006 to The Netherlands. She also announced that she has entered into an agreement with the Dutch government in which it acquired four important paintings from the restituted Goudstikker Collection for the Dutch State.
Recovered Artworks Heading to Auction
February 22, 2007 -- The New York Times
Larry Kaye is quoted regarding the sale of more than 100 Old Master pictures from the famed Goudstikker collection by Herrick's client, Marei von Saher, Goudstikker's sole heir. Kaye notes that although the works were recovered after having been looted, they represented only a fraction of the valuable artwork that was pilfered.
An art trove, looted by the Nazis and recovered, is going on sale
February 22, 2007 -- International Herald Tribune
Larry Kaye is quoted on the recovery from the Dutch government and sale of 100 Old Master pictures from the collection of the famed Dutch art dealer Jacques Goudstikker, whose collection was looted by the Nazis. Herrick represented Goudstikker's lone heir, Marie von Saher, in the recovery of the art and its sale.
Raising the Bar
2006 -- Art & Auction
Lawrence Kaye is profiled in this article about the different types of legal expertise needed in the art law industry. The article features Larry as the ‘art theft expert’ and describes his work in recovering stolen art and antiquities.
Restitution: Unfulfilled Promises
December 2006 -- Art News
Larry Kaye is quoted on how uncooperative American museums are regarding restitution claims when compared to their Western European counterparts.
Trader of the Lost Art
September 24, 2006 -- Sunday Times Magazine, London Sunday Times
Larry Kaye is quoted regarding his efforts to recover art for Marei von Saher.
Goudstikker: 'At Long Last, Justice'
February 6, 2006 -- Herrick, Feinstein LLP
The Dutch government will finally provide a measure of justice to the family of the Jewish art dealer Jacques Goudstikker, who died in May 1940 while fleeing the Nazi invasion.
Art theft still a mystery
January 3, 2006 -- St. Louis Post-Dispatch
Mari-Claudia Jiménez is quoted in a story about missing art.
Breakthroughs on Major Holocaust Claim
March 14, 2005 -- Herrick, Feinstein LLP
Descendants of the noted Jewish art dealer, Jacques Goudstikker (1897-1940), announced today major developments in their ongoing efforts to recover his legacy. Goustikker’s collection, which contained more than 1300 works of art, mostly Dutch and Flemish Old Master paintings, was looted by the Nazis following their invasion of The Netherlands in 1940.
Law’s True Art
January 13, 2003 -- The National Law Journal
Lawrence Kaye is profiled in The National Law Journal.
Settlement Reached on Monet’s Garden at Argenteuil
August 22, 2001 -- Herrick, Feinstein LLP
The Metropolitan Museum of Art and Mr. Henry H. Newman announced today that they have reached a settlement in a recent dispute over a painting in the Museum’s collection, The Garden of Monet’s House in Argenteuil (1874), by Claude Monet.
Heir to Vast Art Collection Recovers Old World Painting Looted by Nazis
May 24, 2001 -- Herrick, Feinstein LLP
First Painting From Famed Goudstikker Collection Returned to Family -- Marei Von Saher, the sole living heir of Jacques Goudstikker, the foremost collector and dealer of Old Masters in pre-World War II Holland, announced today that the Estate of Hertha Katz has returned to her a painting entitled “The Temptation of St. Anthony” by the Dutch pre-Renaissance painter J.W. de Cock.
The Museum of Modern Art and Heir of Kazimir Malevich Reach Agreement
June 18, 1999 -- Herrick, Feinstein LLP
The Museum of Modern Art and the heirs of Kazimir Malevich, the Russian artisit, announced today that they have reached an agreement regarding the Malevich works that have been at MoMa since 1935. The artist’s descendants will receive an undisclosed cash payment and one painting, Supremacist Composition (1923-25), while fifteen works by the pioneering abstract artist - six paintings and nine works on paper - will remain at the museum.
Guatemala Announces Recovery of Thousand Year Old Stone Figure
1999 -- Herrick, Feinstein LLP
The Republic of Guatemala announced today than an intricately carved section of a Mayan limestone monument more than a thousand years old, which had been pillaged from an archaeological site in the northwestern Guatemala more than 25 years ago, has been recovered and will be returned to Guatemala shortly.