Ronald S. Lauder And Jewish Heirs Reach Agreement On Klimt Painting
Billionaire cosmetics magnate Ronald S. Lauder has reached an agreement with the descendants of Irene Beran regarding Gustav Klimt’s famous 1910 canvas “The Black Feather Hat.” Lauder has agreed to restitute the painting, which has resided in his collection for half a century, to the Beran family and then to repurchase it from them, Artforum International said. Terms of the deal have not been disclosed. Beran, the owner of the painting, fled Europe in 1943, [...]
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