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Art lawRobbed of Their “Oomph”: Ronald Perelman’s $410M Insurance Claim Over allegedly Fire-Damaged Artworks
Years after the fire in 2018, a prominent art collector and businessman Perelman claims that 5 artworks lost their spark, luster and depth and demands $410m for them. The insurance companies have argued that the works had “not sustained any detectable damages”.
Art lawRestitution of Nazi-looted art: New law aims to facilitate enforcement of claims
On April 17th, the German Federal Ministry of Justice proposed a bill to facilitate the enforcement of claims for the return of cultural property unjustly seized during the Nazi era. New provisions include information requests and rules regarding statutes of limitations.
Art lawNearly 80 years after the end of National Socialism: Germany to replace Nazi-loot advisory panel with binding arbitration
The Advisory Commission, formerly known as the Limbach Commission, dealing with the return of Nazi-looted art from Jewish owners, has been facing criticism for its inefficiency. Now, nearly 80 years after the end of National Socialism in Germany the federal government, states and local authorities agreed shaking things up by replacing it with an arbitration […]
