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Art and Estates: Recent Postings and Cases

Emerging Issues Analysis and Blogs Professor Joni Larson on the Valuation of Tangible Personal Property/Artwork Tangible personal property's unique nature often makes valuation difficult. However, the property's uniqueness and the lack of a market place are not valuation barriers...

Nazi Confiscations Reach Well into the Future, Continue to Frustrate Heirs: Foreign Sovereign Immunities Act Defeats Heir’s Action to Recover Art Collection from Germany

Following the Anschluss, Hermann Göring was asked about passports for the Viennese Jews. He responded, "All right, but not with any foreign currency. The Jews can go, but they will kindly leave behind their money, which they have stolen." In line with this thinking, the Reich financed...

Life Imitating Art on the Stage of the Surrogate’s Court

Surrogate's Court litigation can be fascinating at times-as fascinating as the lives of the decedents whose affairs are brought to light during any given estate proceeding. 1 Sometimes history is relived and sometimes the life exposed seems to imitate a Hollywood screenplay. In a case in...