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German museum founder, mistress settle $48 million suit over Hirsts

  • November 10, 2009 21:17
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Udo Brandhorst

Udo Fritz-Hermann Brandhorst, an heir to Germany’s Henkel AG & Co. fortune and a major art collector, avoided a public court case in New York by settling a lawsuit filed by his former mistress involving two Damien Hirst sculptures and a custody dispute. Venetia Kapernekas, a 49-year-old New York art dealer, claimed an interest in the two Hirsts, which have been valued at $47.6 million, court documents show. She dropped the suit in an exchange for child custody, support, and cash...

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