Berliner Boersenzeitung - Jewish heirs sue Guggenheim over Picasso sold to flee Nazis

EUR -
AED 4.210499
AFN 72.796213
ALL 94.461752
AMD 422.020011
ANG 2.052384
AOA 1052.326771
ARS 1679.881759
AUD 1.63659
AWG 2.066251
AZN 1.953303
BAM 1.955297
BBD 2.308106
BDT 140.663801
BGN 1.938299
BHD 0.432188
BIF 3421.780125
BMD 1.146325
BND 1.479519
BOB 7.918997
BRL 5.906215
BSD 1.146005
BTN 108.029372
BWP 15.573585
BYN 3.184181
BYR 22467.97
BZD 2.304717
CAD 1.624933
CDF 2613.621415
CHF 0.926076
CLF 0.026285
CLP 1034.512913
CNY 7.760166
CNH 7.776084
COP 3957.893401
CRC 519.866215
CUC 1.146325
CUP 30.377613
CVE 110.510194
CZK 24.17726
DJF 203.72533
DKK 7.470032
DOP 66.949832
DZD 152.856753
EGP 57.300762
ERN 17.194875
ETB 181.549268
FJD 2.562614
FKP 0.86629
GBP 0.867794
GEL 3.038209
GGP 0.86629
GHS 12.867544
GIP 0.86629
GMD 84.259302
GNF 10059.002282
GTQ 8.74175
GYD 239.719355
HKD 8.983611
HNL 30.589728
HRK 7.535022
HTG 149.691478
HUF 351.715881
IDR 20434.733348
ILS 3.402911
IMP 0.86629
INR 108.133415
IQD 1501.68575
IRR 1576196.875404
ISK 143.898619
JEP 0.86629
JMD 181.073402
JOD 0.81279
JPY 184.907999
KES 148.338813
KGS 100.246562
KHR 4596.763652
KMF 492.350937
KPW 1031.692901
KRW 1751.183826
KWD 0.352988
KYD 0.954929
KZT 559.241447
LAK 25282.198275
LBP 102653.40415
LKR 382.461576
LRD 208.803536
LSL 18.805507
LTL 3.3848
LVL 0.6934
LYD 7.307867
MAD 10.574893
MDL 20.237262
MGA 4814.565397
MKD 61.595297
MMK 2406.686258
MNT 4104.327632
MOP 9.251919
MRU 45.922214
MUR 54.852085
MVR 17.711155
MWK 1991.16692
MXN 19.883752
MYR 4.743383
MZN 73.262063
NAD 18.804002
NGN 1559.506815
NIO 41.96739
NOK 11.122344
NPR 172.851518
NZD 1.99898
OMR 0.441315
PAB 1.14601
PEN 3.879208
PGK 5.029788
PHP 69.600846
PKR 319.05095
PLN 4.257165
PYG 7037.250395
QAR 4.173201
RON 5.236532
RSD 117.120453
RUB 83.800079
RWF 1678.2198
SAR 4.296702
SBD 9.241012
SCR 15.685465
SDG 688.372376
SEK 10.992483
SGD 1.481515
SHP 0.855847
SLE 28.371969
SLL 24037.866288
SOS 655.128936
SRD 42.875425
STD 23726.613079
STN 24.531355
SVC 10.02742
SYP 126.705707
SZL 18.803912
THB 37.703052
TJS 10.628811
TMT 4.012138
TND 3.337812
TOP 2.760076
TRY 53.257148
TTD 7.771034
TWD 36.355741
TZS 3015.963923
UAH 51.481152
UGX 4170.926637
USD 1.146325
UYU 45.818209
UZS 13761.632008
VES 695.398184
VND 30159.81075
VUV 135.418733
WST 3.154451
XAF 655.788237
XAG 0.017686
XAU 0.000276
XCD 3.098001
XCG 2.065269
XDR 0.806666
XOF 647.674005
XPF 119.331742
YER 273.517259
ZAR 18.861706
ZMK 10318.306372
ZMW 20.541803
ZWL 369.116182
  • CMSC

    0.0500

    22.37

    +0.22%

  • NGG

    -1.2400

    79.44

    -1.56%

  • CMSD

    0.0000

    22.29

    0%

  • BCC

    3.8500

    74.66

    +5.16%

  • RBGPF

    -0.5300

    60.61

    -0.87%

  • RYCEF

    -0.0300

    18.4

    -0.16%

  • BCE

    0.0000

    23.28

    0%

  • RIO

    -2.5900

    100.08

    -2.59%

  • GSK

    -1.4800

    50.67

    -2.92%

  • JRI

    0.0500

    12.67

    +0.39%

  • AZN

    -2.9600

    174.93

    -1.69%

  • VOD

    -0.2300

    14.3

    -1.61%

  • BTI

    -0.5800

    58.91

    -0.98%

  • RELX

    -0.8300

    31.18

    -2.66%

  • BP

    -1.0400

    39.1

    -2.66%

Jewish heirs sue Guggenheim over Picasso sold to flee Nazis
Jewish heirs sue Guggenheim over Picasso sold to flee Nazis / Photo: Angela Weiss - AFP/File

Jewish heirs sue Guggenheim over Picasso sold to flee Nazis

When Karl and Rosi Adler fled the Nazis in 1938 they sold a Pablo Picasso painting to fund their escape. Now, their descendants are suing to get it back.

Text size:

Heirs of the Adlers, who were German Jews, have filed a lawsuit against New York's Guggenheim Museum, where the artwork has hung since 1978.

The plaintiffs say they are the rightful owners of Picasso's 1904 oil on canvas "Woman Ironing," and estimate it to be worth between $100 million and $200 million.

The Guggenheim is fighting the claim, describing it as "without merit," with the case appearing to be heading for a civil trial.

The suit, filed in a Manhattan court on January 20, says Karl Adler bought the painting in 1916 from Heinrich Thannhauser, a Jewish gallery owner in Munich.

At the time, Karl, who ran a leading leather manufacturing company, and Rosi were living "a prosperous life" in Baden-Baden, in southwest Germany.

After the Nazis came to power in 1933, they were persecuted and lost their business and financial assets.

They fled Germany in June 1938, and lived in the Netherlands, France and Switzerland while awaiting permanent visas for Argentina.

To obtain short-term visas for the European countries, the Adlers in October 1938 sold "Woman Ironing" to Thannhauser's son, Justin, who had left Germany for Paris.

They received $1,552 (worth $32,000 today) for the oil on canvas, nine times less than the $14,000 that Adler had it valued at six years earlier.

The plaintiffs argue this is evidence the painting was sold under duress.

"Thannhauser was well aware of the plight of Adler and his family, and that, absent Nazi persecution, Adler would never have sold the painting when he did at such a price," reads the complaint.

Thannhauser gifted his art collection, including "Woman Ironing," to the Guggenheim following his death in 1976.

The Guggenheim said the complaint "strikingly fails to acknowledge" that the museum contacted the Adlers' son before taking ownership.

"(He) did not raise any concerns about the painting or its sale to Justin Thannhauser," the statement added.

In 2014, Thomas Bennigson, the grandson of another Adler child learned that his grandmother may have once owned the painting.

His lawyers corresponded with the Guggenheim for several years before demanding the work's return in June 2021, according to the lawsuit.

Bennigson's complaint -- which lists other distant relatives, several Jewish organizations and non-profits as co-plaintiffs, was made under America's Holocaust Expropriated Art Recovery Act.

The 2016 law provides victims of Nazi persecution and their heirs the opportunity to recover works of art seized by the Nazis.

The Guggenheim said it takes restitution claims "extremely seriously" but insists it is the "rightful owner."

The museum said Adler's sale to Thannhauser "was a fair transaction between parties with a longstanding and continuing relationship" and occurred while both men were "outside of Nazi Germany."

(K.Müller--BBZ)