All posts tagged: Modigliani

Restitution Dispute Over Prized Modigliani Ends With Loss for Nahmad

Restitution Dispute Over Prized Modigliani Ends With Loss for Nahmad

An 11-year-long legal dispute over a prized Amedeo Modigliani painting looted during World War II has concluded in a loss for billionaire art dealer David Nahmad and his family, marking an unlikely restitution victory for the heirs of its original Jewish owner. A New York judge ruled this week that Seated Man With a Cane (1918) rightfully belongs to the estate of Oscar Stettiner, a Jewish art dealer who left the portrait behind under duress while fleeing Paris ahead of the Nazi occupation. The court found that the painting was illicitly seized and illegitimately transferred, rejecting the Nahmads’ longstanding argument that its provenance, or ownership history, was unclear. Related Articles “Oscar Stettiner owned or at a minimum had a superior right of possession of the painting prior to its unlawful seizure,” Judge Joel M. Cohen wrote, as first quoted by the New York Times, “and he never voluntarily relinquished it.” The judge added that David Nahmad and the Nahmad holding company “failed to raise any material issues of fact, and offered no evidence identifying anyone …

Pace Is Selling a .3 M. Modigliani Painting at Art Basel Hong Kong

Pace Is Selling a $13.3 M. Modigliani Painting at Art Basel Hong Kong

Just weeks after announcing a symposium for Institut Restellini’s decades-in-the-making Amedeo Modigliani catalogue raisonné, Pace is offering a painting by the artist at Art Basel Hong Kong that was only recently authenticated. The work has a long legal backstory. Titled Jeune femme brune (1917–18), the work is the highest priced piece on offer at the Hong Kong fair, according to ARTnews’s Tessa Solomon, who is on the ground reporting from Art Basel. Pace CEO Marc Glimcher told Solomon that the work is being offered for €11.5 million—about $13.3 million—with several parties bidding on the work. (Glimcher also said that the gallery will be bringing a Modligliani work listed in the new catalogue to each fair this year, in celebration of its publication.) Related Articles That’s a far cry from the painting’s status nearly 30 years ago, when it was pulled from a sale at Phillips in 1997 due to authentication concerns. Marc Restellini, art historian and founder of Institut Restellini, told the auction house in the lead-up to the sale that he was not planning …

Institut Restellini’s Modigliani Catalogue Raisonné to Release April 21

Institut Restellini’s Modigliani Catalogue Raisonné to Release April 21

After over 40 years in the making, Institut Restellini’s Amedeo Modigliani catalogue raisonné will finally release next month. Pace will host a book launch at its London gallery on April 21, with a day-long symposium to follow on April 30 at Pace’s 540 West 25th Street space in New York. To say the publication is a labor of love for Marc Restellini, Modigliani scholar and founder of the Institut, would be an understatement. At six volumes and over 2,000 pages, with 100 works newly confirmed as authentic, half of which are already in major museum collections, including the Philadelphia Museum of Art and the National Gallery of Art in Washington, D.C., the catalogue raisonné seems poised to redefine the field of authentication, or at least Restellini hopes so. Related Articles “I would like our approach to become the standard,” Restellini told ARTnews. “I hope that with this catalogue people will see what can be achieved. My hope is that after this catalogue, people will say, ‘This is really the right method.’” Restellini’s team combined various scientific …