I attended today’s press conference at District Attorney Alvin Bragg, Jr.’s office in Manhattan at which a drawing by Egon Schiele, Seated Nude Woman, Front View, was transferred to the heirs of Fritz Grünbaum. I represent the family of Gustav (“Gus”) Papanek, who relinquished the drawing to the District Attorney earlier this year. This case spotlights, once again, the breadth of Nazi crimes more than 80 years later. The Grünbaum story has rightly received considerable coverage (including a chapter in my book A Tragic Fate—Law and Ethics in the Battle Over Nazi Looted Art), my clients’ story is not widely known. I was honored to represent them today and throughout the process.
(Today's ceremony)
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Topics:
Egon Schiele,
The New York Times,
Vienna,
Bern,
A Tragic Fate,
Eberhard Kornfeld,
Fritz Grünbaum,
Gustav (“Gus”) Papanek,
Galerie Gutekunst & Klipstein,
Alvin Bragg Jr.,
Seated Nude Woman Front View,
Ernst Papanek,
Helene Papanek
I was pleased to attend last week in Geneva “Building an Art Market for the Future—Guidelines for Countering Money Laundering and Terrorist Financing Threats” hosted by the Fondation pour le Droit d’Art (Art Law Foundation) and the Art Law Centre of the University of Geneva. The conference was the official launch of the Responsible Art Market initiative, and offered valuable, market-focused discussion about the risks of money laundering and terrorist financing in the art market. Refreshingly, the day’s panel discussions focused on best practices and goals, rather than the oft-heard lamentations about problems with the art market. The implicit point that came through was a powerful one: as both private sellers and law enforcement speakers explained, art dealers are not engaged in large-scale shadowy financial dealings. But art dealers and buyers are at serious risk of being used by criminals engaged in money laundering, which can have serious consequences. Because willful blindness is no defense, the conference and the initiative provided valuable practical advice.
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Topics:
Pierre Gabus,
Anne Laure Bandle,
Art Dealers Association of Switzerland,
Art Law Foundation,
Geneva,
Sandrine Giroud,
Luxembourg,
Switzerland,
Art Law Centre,
University of Geneva,
AML,
Terrorist financing,
Sylvia Furrer Hoffmann,
Ricardo Sansoletti,
Ursula Cassani,
Simon Studer,
Mathilde Heaton,
Fondation pour le Droit d’Art,
Jean-Bernard Schmid,
Rakhi Talwar,
Ralph Wyss,
Responsible Art Market initiative,
Money laundering,
Stiftung Kunsthalle,
Bern,
Deloitte
