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ARTFIXdaily News Feed - Wednesday, November 18, 2009
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 | Jury sides with Houston museum in $250 million dispute
Houston Chronicle - November 17th, 2009 19:04
Houston oilman Alfred Glassell Jr., who founded Transcontinental Gas Pipe Line Corp., left an estate of about $500 million when he died at age 95 in 2008. His 52-year-old daughter Curry Glassell challenged the Museum of Fine Arts, Houston, a charity beneficiary named in her father's final will, battling in court for more of the money, and lost when the jury ruled Monday in the museum's favor to receive half of the oilman's fortune.
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 | Like Egypt, China demands return of art treasures from abroad
Reuters - November 17th, 2009 18:20
China has ratcheted up pressure for imperial treasures to be repatriated, condemning overseas auctions of its relics. Now Chinese art authorities are planning to catalog Chinese pieces currently housed in overseas institutions. The poster child for this movement: Two bronze animal heads looted from Beijing in 1860 by British and French soldiers, part of the Yves Saint Laurent estate auction in Paris last winter. The winning Chinese buyer refused to pay his high bid of $36 million, on ...Read more | |
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 | Friend might (not) bail-out bankrupt art dealer
Bloomberg - November 17th, 2009 18:13
A sale of the 66-acre Millbrook, New York, property where indicted art dealer Lawrence B. Salander lives with his family was postponed in U.S. Bankruptcy Court after a friend behind a $5.1 million bid said he hadn’t secured financing. The friend, Michael Lewitt, also bid on other assets such as $300,000 for the contents of a New York townhouse, $750,000 for jewelry, and $25,000 for vehicles. A Manhattan townhouse is listed separately on the market, at $25 million originally.Read more | |
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 | NC Museum of Art 'tunnels' collection into savvy new building
Associated Press - November 17th, 2009 17:56
At the North Carolina Museum of Art, the Associated Press got a glimpse of the behind-the-scenes designs making it possible to safely transfer invaluable pieces as part of an expansion that will cost $73.1 million in public money and $5.5 million in private funds. The work includes a tunnel and a hidden, roll-up door. The new building, designed by Thomas Phifer, has a "skin" that's about 50 percent glass, allowing in sunlight. Protective utraviolet ...Read more | |
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