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$25 Million Modigliani Goes to Jewish Heir in Landmark Restitution Case

A New York Supreme Court judge has ruled that the estate of Jewish art dealer Oscar Stettiner is the rightful owner of Amedeo Modigliani’s 1918 painting "Seated Man With a Cane." The decision concludes an 11-year legal battle led by Stettiner’s grandson, Philippe Maestracci, against billionaire art dealer David Nahmad. The court found that the painting was unlawfully seized by the Nazis after Stettiner fled Paris in 1939 and that subsequent sales, including the 1996 purchase by Nahmad at Christie’s, did not extinguish the original owner's rights.

david nahmad denies modigliani nazi loot 517082

Art collector David Nahmad has publicly denied allegations that Amedeo Modigliani’s "Seated Man with a Cane" (1918) is Nazi-looted property. Following revelations from the Panama Papers that Nahmad is the true owner of the painting via the International Art Center, he defended his provenance, claiming the work sought by the heirs of Jewish art dealer Oscar Stettiner is a different painting entirely. Nahmad asserted that if the work is definitively proven to be looted, he will return it, but he currently maintains that the historical documentation regarding a 1944 sale at Drouot refers to a self-portrait, not the work in his possession.

nahmad lawsuit nazi looted modigliani 372020

The estate of Jewish art dealer Oscar Stettiner has filed a new lawsuit in the New York State Supreme Court against the Nahmad family, seeking the restitution of Amedeo Modigliani’s 1918 painting "Seated Man With a Cane." The suit alleges that the $25 million portrait was looted by the Nazis in Paris and is currently held by the International Art Center, which the plaintiffs claim is a shell company controlled by the Nahmads. This legal action follows a 2012 dismissal of a similar claim by Stettiner’s grandson, Philippe Maestracci, due to a lack of standing.

widow sues new york auction house stamp collection 1234756753

Shelley Entner, a Florida widow, is suing Robert A. Siegel Auction Galleries in New York for the return of her late husband Stanley Marks' stamp collection, valued at up to $2 million. Entner claims some stamps are missing from the collection, which Marks began in 1937 and continued until his death in 2016. The auction house sold the international portion in 2016 for $750,000, but Entner says a recent inspection revealed missing US stamps. The auction house denies the allegations, stating Entner changed her mind about auctioning the collection and refuses to reimburse $56,000 in insurance costs, while offering to return the stamps.

New York Court Orders Restitution of a Modigliani to the Oscar Stettiner Estate

La justice new-yorkaise ordonne la restitution d’un Modigliani à la succession d’Oscar Stettiner

A New York court has ordered the restitution of Amedeo Modigliani’s 1918 painting 'Seated Man with a Cane' to the heirs of Oscar Stettiner, a Jewish art dealer. The work was seized during the Nazi occupation of Paris and sold at a forced auction in 1944 before eventually being purchased by the billionaire Nahmad family via an offshore company in 1996. Judge Joel M. Cohen ruled that the evidence of Stettiner’s prior ownership was "unusually strong" and dismissed the defense's claims that the painting was a different version or that the claim was filed too late.

The Nahmad family ordered to return a Nazi-looted Modigliani, valued at 21.5 million euros, to a French farmer

La famille Nahmad sommée de restituer à un agriculteur français un Modigliani spolié par les nazis, estimé à 21,5 millions d’euros

The New York State Supreme Court has ordered the restitution of Amedeo Modigliani’s 1918 painting, 'Seated Man (with a Cane)', to Philippe Maestracci, the grandson of Jewish art dealer Oscar Stettiner. The artwork, valued at approximately €21.5 million, was looted from Stettiner’s Paris gallery by the Nazis in 1944. Despite a 1946 court ruling in Stettiner's favor, the painting remained hidden for decades before being acquired in 1996 by the billionaire Nahmad family through an offshore entity.