Beaverbrook Wins Court Battle Over Art
Published: September 10, 2009
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Photo by Product of Newfoundland, courtesy Flickr
The Beaverbrook Art Gallery in Fredericton, Canada
Most of the 136 works came from Lord Beaverbrook, a Canadian-British business tycoon, politician, and writer, in the 1950s; their ownership was challenged by a foundation operated on behalf of his descendants. Among the works are J.M.W. Turner's The Fountain of Indolence and an early work by Lucian Freud titled Hotel Bedroom. The Beaverbrook Foundation had claimed the paintings were a loan, but the museum, built by Lord Beaverbrook in 1958, had insisted they were a gift. An earlier decision by an arbitrator named the foundation the owner of one-third of the paintings, with the museum named the owner of the rest. The foundation then appealed that decision, but a panel of three appellate arbitrators upheld it this week, leaving no further opportunities for appeal. Read more at the Globe and Mail.
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