Seventeen rare books, valued at over $2 million and stolen nearly 40 years ago from the Long Island estate of former Museum of Modern Art president John Hay Whitney, have been recovered and will be returned to his descendants. The trove includes a $2 million portfolio of handwritten letters from poet John Keats and first editions of works by James Joyce and Aleister Crowley.
A legal battle over a collection of 1,800 paintings attributed to Russian modernist masters has escalated after the litigation funder backing the claimants, LitFin, raised concerns it may have been misled about the works' authenticity. The funder is now in a dispute with the claimants, the family of the late Palestinian collector Uthman Khatib, over halted payments and control of the lawsuits, which seek the return of the paintings or $323 million from Israeli-Russian businessman Mozes Frisch, who is accused of stealing them.
Banco Santander announced on 21 January that it will manage 160 works from the Gelman Collection of 20th-century Mexican art, following a long-term agreement with the Zambrano family, which acquired the collection in 2023. The newly branded Gelman Santander Collection will debut this summer at Faro Santander, the bank's new venue in Cantabria, Spain. The collection, started by Russian-born film producer Jacques Gelman and his wife Natasha, includes major works by Frida Kahlo, Diego Rivera, Rufino Tamayo, and others, but has been largely out of public view since 2008 amid inheritance disputes. The agreement is complicated by Mexican law, which designates many works as National Artistic Monuments, restricting their permanent export and requiring oversight by the Instituto Nacional de Bellas Artes y Literatura (INBAL).