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Beaverbrook Wins Court Battle Over Art

Published: September 10, 2009
FREDERICTON, Canada— After five years of legal wrangling, the Beaverbrook Art Gallery here has won undisputed title to dozens of disputed paintings worth an estimated $100 million Canadian ($92.4 million).

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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