Tag Archive for Nazi art trove

| October 18, 2014
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Holocaust heirs sue Swiss bank for selling family artwork without consent

Rather than looking for surviving relatives to deliver proceeds from art sales, Swiss banking giant USB is accused of exploiting family name in creating a bogus foundation.

 

Heirs of a German-Jewish couple whose vast art collection was confiscated by the Nazis have filed lawsuits against a Swiss bank they accuse of cheating them out of their inheritance.

Edgar Degas Danseuses

Edgar Degas’ ‘Danseuses’, which was auctioned in 2009. – Photo: AFP

The lawsuits were filed recently in New York and Switzerland against global banking giant UBS and a foundation it controls, the New York Times reported on Friday.

According to the relatives of Ludwig and Margret Kainer, the bank claimed to be acting on behalf of the couple’s heirs, but instead channeled proceeds from art sales and German reparations to a foundation created by Swiss bank officials. Continue Reading »

Category: Jewish News, The Diaspora | Tags: , , ,
| March 10, 2014
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Prior to ‘Monuments Men’ hits French screens, France to return Nazi-looted art

Although, 3 masterpieces are being returned, about 2,000 works whose owners have not been identified, are still being held by French museums.

By TA

 

Ahead of the French premiere of “The Monuments Men,” France said it will return three precious paintings to the heirs of their owners.

File:Ausstellung entartete kunst 1937.jpg

Goebbels views the Degenerate Art exhibition that was confiscated by the Nazis – Photo courtesy: Wikimedia Commons

The paintings are to be returned Tuesday, one day before the film on Nazi-looted art starring George Clooney debuts in France.

The conjunction of the two events is “an opportunity to remind people that Culture Minister Aurelie Flipetti is very attached to this gesture of remembrance,” France’s Culture Ministry told the French news agency AFP on Saturday.

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