Estate of Lea Bondi Jaray – “Portrait of Wally” Restitution

Represented the Estate of Lea Bondi Jaray in achieving a very favorable settlement in United States v. Portrait of Wally, one of the first lawsuits that focused the world's attention on the problem of Nazi-looted art. Egon Schiele's Portrait of Wally was stolen in the late 1930's from Lea Bondi Jaray, a Jewish art dealer and collector, by a Nazi agent. The settlement compensated the heirs for the true value of the painting—$19 million—and provided for permanent signage acknowledging the painting's true provenance placed next to it in Vienna's Leopold Museum.