- Art & Advocacy, Vol. 20, Summer 2015
- Art & Advocacy, Vol. 19, Winter 2015
- Art & Advocacy, Vol. 18, Summer 2014
- Art & Advocacy, Vol. 17, Spring 2014
- Art & Advocacy, Vol. 16, Winter 2014
- Art & Advocacy, Vol. 15, Spring/Summer 2013
- Art & Advocacy, Vol. 14, Winter 2013
- Art & Advocacy, Vol. 13, Fall 2012
- Art & Advocacy, Vol. 12, Spring/Summer 2012
- Art & Advocacy, Vol. 11, Winter 2012
- Art & Advocacy, Vol. 10, Fall 2011
- Art & Advocacy, Vol. 9, Spring/Summer 2011
- Art & Advocacy, Vol. 8, Winter 2011
- Art & Advocacy, Vol. 7, Fall 2010
- Art & Advocacy, Vol. 6, Spring/Summer 2010
- Art & Advocacy, Vol. 5, Winter 2010
- Art & Advocacy, Vol. 4, Fall 2009
- Art & Advocacy, Vol. 3, Summer 2009
- Art & Advocacy, Vol. 2, Spring 2009
- Art & Advocacy, Vol. 1, Winter 2009
- Resolved Stolen Art Claims
Marei von Saher - Restitution of Nazi-Looted Art
Representation of Marei von Saher in her efforts to recover hundreds of Nazi-looted artworks from the collection of her father-in-law, the renowned Dutch art collector and dealer, Jacques Goudstikker.
Commission for Art Recovery - Baron Herzog Collection
Representation of the Commission for Art Recovery in recovering 10 paintings from the Hungarian government that were stolen from the heirs of Baron Herzog, a Hungarian aristocrat, during the Nazi regime. At Herrick's request, Senator Hillary Clinton wrote to the Hungarian Foreign Minister in support of our efforts. Senator Clinton issued a press release regarding her letter and also posted it on her website. To date, Herrick has also garnered support from Senator Lautenberg, Senator Kennedy and Congresswoman Nita Lowey.
Estate of Lea Bondi Jaray - "Portrait of Wally" Restitution
After over ten years of litigation, our client, the Estate of Lea Bondi Jaray, achieved a very favorable settlement in the case of United States v. Portrait of Wally, which has been credited with being one of the first to focus the world's attention on the problem of Nazi-looted art. Egon Schiele's Portrait of Wally was stolen in the late 1930's from Lea Bondi Jaray, a Jewish art dealer and collector, by a Nazi agent. The settlement compensates the heirs for the true value of the painting—$19 million—and provides for permanent signage acknowledging the painting's true provenance to be placed next to the painting after it is returned to the Leopold Museum in Vienna.
Major U.S. Bank - Geneva Art Loan
Representation of Geneva division of a major U.S. bank in connection with a $100 million secured revolving credit facility. The loans are secured by a first lien on a portfolio of artworks owned by a Cayman Islands trust.
U.S. Bank - Syndicated Credit Facility
Representation of a major U.S. bank, as administrative agent and lender, in connection with a $300 million secured syndicated revolving credit facility to a high net worth individual and an offshore trust. The credit facility is secured by museum quality, fine artworks and is guaranteed by a trust and a BVI entity. Proceeds of the credit facility are to be used to finance investments.
Soho Arts Inc. - Art Investment Company
Formation of Soho Arts Partners, a series LLC, its managing member and its investment manager, in connection with several art acquisitions and investments.
Dismissal of Claims - International Council of Museums
Representation of the International Council of Museums in successfully obtaining the dismissal of claims brought in the US District Court (Southern District of NY), by a Canadian art verification expert for allegedly defamatory content re-posted on the Council's online public blog site that was operated out of France.
Wytfliet Atlas - National Library of Sweden
The Royal Library of Sweden, with the assistance of the United States Government and Herrick, Feinstein, LLP, has recovered a 415-year-old atlas which had been stolen along with dozens of other rare volumes ten years ago.
Xiling Group - Art Investment Fund
Representation of Xiling Group in forming a new art investment fund focusing on culturally and aesthetically important Chinese art. The fund was structured as a private equity fund with certain special features to accommodate its unique investment strategy.
Stalking Horse Bidder - Acquisition of Photos from Polaroid Fine Art Collection
Representation of a successful stalking horse bidder in connection with the acquisition, from the bankruptcy estate of the Polaroid Corporation, of an extensive collection of more than 10,000 photographs from the Polaroid Fine Art Collection. Many of the photos are of museum quality and were taken by renowned photographers.
Private Bank - Art Loan Facility
Representation of the private wealth management group of one of the nation's largest financial institutions in an asset based loan facility with an art gallery secured by several pieces of artwork collateral. The transaction involved an agreement among other lenders with respect to non-shared artwork collateral.
Specialty Finance Company - Art Warehouse Loan
Representation of a specialty finance company in a $10 million warehouse loan facility to an art financing lender to fund the purchase of existing loans and the origination of new loans supported by fine and decorative art, antiques and collectibles.
Representation of Private Art Collector
Represent a private art collector in one of the largest transfers of Mesoamerican art to a museum, including the transfer and assumption of ongoing operations of the foundation dedicated to the study and advancement of Mesoamerican art.
Major Financial Institution - Secured Term Loan
Representation of a major financial institution in connection with a term loan to a New York art gallery. The loan was secured by all the gallery's assets, as well as artworks from the gallery owner's personal collection.
Specialty Finance Company - Art Lending
Representation of a startup specialty lending company to make loans against artwork as collateral, including producing form documentation and discussions concerning credit policy and procedures.
Commercial Bank - Art Loan
Representation of a major U.S. bank in a multimillion-dollar loan to a high net-worth individual, secured by the borrower's art collection.
Heirs of Kazimir Malevich - Amsterdam Settlement
Representation of the heirs of the world-renowned Russian artist Kazimir Malevich in their litigation against the City of Amsterdam to reclaim artworks created by their ancestor. This litigation was successfully settled in April 2008 when the City of Amsterdam returned five Malevich paintings to the heirs.
Art and Antiquities Dealer - Conversion Action
Representation of a London-based art and antiquities dealer in a conversion action seeking the return of a rare and valuable stone table consigned to and auctioned by an auction house in New York.
Marei von Saher - Goudstikker Collection - Dutch Restitution
Representation of Marei von Saher in her successful efforts to recover 200 artworks looted from her father-in-law, the renowned Dutch art dealer, Jacques Goudstikker, during the Second World War. The works had been held by the Dutch Government for over 50 years.
Private Collector - Stolen Art Recovery
Representation of a private collector in recovering a collection stolen from an art storage facility and dispersed throughout the United States, and beyond, including Japan. We worked with the FBI Art Crime Task Force and the U.S. Attorney's Office for the Eastern District of Missouri, helping to recover the majority of the collection. The thieves were caught, prosecuted and jailed.
Marei von Saher - Recovery of Nazi-Looted Painting (Edgar Degas)
Representation of Marei von Saher in connection with her recovery of a drawing by Edgar Degas ("Four Nude Female Dancers Resting") from the Israel Museum in Jerusalem, that was looted from the collection of her father-in-law, the renowned Dutch art collector, Jacques Goudstikker.
Marei von Saher - Recovery of Nazi-Looted Painting (Jacopo Bassano)
Representation of Marei von Saher in connection with her recovery of a painting by the Studio of Jacopo Bassano ("The Annunciation to the Shepherds"), that was looted from the collection of her father-in-law, the renowned Dutch art collector, Jacques Goudstikker.
Egyptian Government - U.S. v. Schultz
Counseled the Egyptian government in connection with the successful U.S. prosecution of a defendant accused of conspiring to smuggle Egyptian antiquities.
Marei von Saher - Recovery of Nazi-Looted Painting (J.W. de Cock)
Representation of Marei von Saher in connection with her recovery of a painting by the Dutch pre-Renaissance painter J.W. de Cock ("The Temptation of St. Anthony"), that was looted from the collection of her father-in-law, the renowned Dutch art collector, Jacques Goudstikker. This was the first painting from the Goudstikker collection to be restituted to the family.
Malevich Heirs - Sale of "Suprematist Composition"
Representation of the heirs of Kazimir Malevich in connection with the auction sale of a Malevich work recovered from the Museum of Modern Art, New York. The sale was noted as one of the top ten art sales of the year 2000.
Heirs of Kazimir Malevich - Various Restitutions
Representation of the heirs of Kazimir Malevich, the noted early Twentieth Century avant-garde artist, in connection with the recovery of his works from the Museum of Modern Art and the Busch-Reisinger Museum at Harvard University.