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Dealer Yves Bouvier to stand trial in Paris over missing Picassos

Swiss dealer Yves Bouvier has been ordered to stand trial in a Paris criminal court over the alleged disappearance of dozens of works by Pablo Picasso from a storage unit. The unit was rented by Picasso's stepdaughter, Catherine Hutin, from Bouvier's company. Bouvier faces charges of concealing stolen goods and laundering, while his business partner, Olivier Thomas, is charged with breach of trust, embezzlement, and laundering. The investigation, triggered by Hutin's 2015 complaint, found that nearly 70 works went missing, with some, including two portraits and 60 drawings, later discovered to have been sold by Bouvier to Russian collector Dmitri Rybolovlev for €36 million.

Court Decision Ends Dispute Over Who Actually Bought Beeple’s Everydays: The First 5000 Days for $69.3 M.

A federal judge in New York has approved a final settlement in a lawsuit between the two pseudonymous figures behind the record-breaking $69.3 million purchase of Beeple's NFT "Everydays: The First 5000 Days." The agreement legally prohibits Anand Venkateswaran (Twobadour) from claiming any involvement in the 2021 Christie's purchase, confirming that Vignesh Sundaresan (Metakovan) was the sole buyer. Venkateswaran must also pay an undisclosed sum, dissociate from related online profiles, and correct third-party biographical information.

uk government slaps export ban on howard hodgkin work after bonhams sold it for a record 1 7 m 1234776717

The UK government has issued a temporary export ban on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The Department for Culture, Media, and Sport (DCMS) intervened after the buyer applied for an export license, triggering a deferral period that allows British museums or galleries until June 4 to match the auction price and keep the work within the country.

howard hodgkin mrs acton export bar 2752040

The U.K. government has placed a temporary export bar on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The move by the Department for Culture, Media, and Sport is intended to provide British institutions or domestic collectors the opportunity to match the price and keep the work within the country. The painting is considered a national treasure due to its aesthetic importance and its role in documenting Hodgkin's transition from Pop art to his signature emotive abstraction.

australian police arrest thief egyptian artifacts heist 1234773601

Police in Queensland, Australia, arrested a 52-year-old man suspected of stealing ancient Egyptian artifacts from the Abbey Museum of Art and Archaeology in Caboolture. The suspect was apprehended on Russell Island after police found part of the stolen haul, including a 2,600-year-old wooden cat figure, a 3,300-year-old necklace, and a mummy mask, in a camper van at a ferry terminal. The items were recovered and returned to the museum within two days of the brazen break-in.