(DOWNLOAD) "Solomon R. Guggenheim Foundation v. Mrs. Jules Lubell" by Court of Appeals of New York " eBook PDF Kindle ePub Free
eBook details
- Title: Solomon R. Guggenheim Foundation v. Mrs. Jules Lubell
- Author : Court of Appeals of New York
- Release Date : January 14, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 72 KB
Description
[77 N.Y.2d 311 Page 314] Opinion OF THE COURT The backdrop for this replevin action (see, CPLR art 71) is the New York City art market, where masterpieces
command extraordinary prices at auction and illicit dealing in stolen merchandise is an industry all its own. The Solomon
R. Guggenheim Foundation, which operates the Guggenheim Museum in New York City, is seeking to recover a Chagall gouache worth
an estimated $200,000. The Guggenheim believes that the gouache was stolen from its premises by a mailroom employee sometime
in the late 1960s. The appellant Rachel Lubell and her husband, now deceased, bought the painting from a well-known Madison
Avenue gallery in 1967 and have displayed it in their home for more than 20 years. Mrs. Lubell claims that before the Guggenheim's
demand for its return in 1986, she had no reason to believe that the painting had been stolen.