Heir Sues for Restitution of $37.5 M. Gustav Klimt Portrait
A woman claiming to be the sole heir to the Austrian subject of a long-lost Gustav Klimt painting has sued for restitution of the portrait, which came to auction at the small Austrian auction house Im Kinsky in 2024. The painting sold on a single bid for $37.5 million, setting a record for any artwork sold at auction in Austria, but the bidder, a Hong Kong collector represented by Patti Wong and Associates, withdrew their offer after the sale. South Carolina–based Patricia J. Leahy, on her own behalf and that of Nickolas Johann Kraft and Hans Lieser, filed a suit in New York State Supreme Court on Thursday. The suit names Austria’s Eva Ropper and the auction house as defendants. Leahy is represented by Cleveland-based firm Baker & Hostetler. Related Articles The dispute is over Portrait of Fräulein Margarethe Lieser, which Klimt was working on when he died suddenly in 1918. The Lieser family of Jewish industrialists was persecuted by the Nazis, including being imprisoned, and lost almost all their possessions to Nazi seizure. Adolf …







