News / 

U.S. Judge allows Picasso sale to go ahead, rejecting Nazi challenge


Save Story
Leer en espaƱol

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

A New York judge on Tuesday allowed the sale of a portrait by Pablo Picasso to go ahead, dismissing the claims of a German man who said one of his ancestors was forced to sell it by the Nazis.

Judge Jed Rakoff had earlier temporarily blocked the sale, scheduled for Wednesday at Christie's auction house, after Julius Schoeps brought a complaint saying he was the rightful owner of the work.

But Rakoff dismissed the complaint Tuesday, allowing British composer Andrew Lloyd Webber's foundation to go ahead with the sale of the blue period work "Portrait de Angel Fernandez de Soto."

The work, bought by the popular musical composer's foundation for 29 million dollars just over a decade ago, carries a pre-sale estimate of between 40 and 60 million dollars.

Schoeps' complaint alleged that one of his ancestors, Berlin banker Paul von Mendelssohn-Bartholdy, was forced to sell the work along with several other masterpieces "into a depressed market" under Nazi oppression in 1934.

jah/mac

AFPlifestyle-art-Nazi-justice-Picasso

AFP 071754 GMT 11 06

COPYRIGHT 2006 Agence France-Presse. All rights reserved.

Most recent News stories

STAY IN THE KNOW

Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
Newsletter Signup

KSL Weather Forecast

KSL Weather Forecast
Play button