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family says firm funding its legal battle for stolen paintings sought control of lawsuits 1234749202

The son of late Palestinian businessman Uthman Khatib, Prince Castro Ben Leon, is suing LitFin Capital, the Prague-based litigation funder that financed his family's legal battle to recover 135 Russian avant-garde paintings allegedly stolen by Israeli Russian Mozes Frisch. The paintings, attributed to El Lissitzky, Kazimir Malevich, and Wassily Kandinsky, are valued at $323 million. A Paris court secured the works in January after they were seized from Paris-based authenticators ArtAnalysis, which had been holding them for Frisch. Castro claims LitFin is now refusing to pay legal bills unless it gains control of the lawsuits, violating their funding agreement. LitFin denies the allegations, stating it has always honored its contractual obligations.

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battle over 1800 paintings attributed to russian modernist masters intensifies after litigation funder raises authenticity concerns 1234772905

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.