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Displaying items by tag: high court

The legal owner of Henry Moore's sculpture Draped Seated Woman (1957-58) is Tower Hamlets Council, the High Court in London ruled on July 8, ending a long-running legal battle with Bromley Council over the work.
 
The former mayor of the east London borough, Lutfur Rahman consigned the work to auction in February 2013. But the sale was postponed after the Art Fund charity and the Museum of London discovered evidence that suggested ownership of the sculpture lay with Bromley Council in south London.

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A bitter dispute over a painting bought for £140 five decades ago reaches the High Court today – with some of the world’s most prominent Caravaggio experts lining up to take sides.

Sotheby’s is being sued over claims that it misattributed a work – The Cardsharps – to a follower of Caravaggio rather than the Italian painter himself, costing the seller millions of pounds.

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A forgotten son of Lucian Freud has been denied a share of his father’s vast fortune and will never know what was in the artist’s will after a High Court judge ruled its contents should remain a secret.

Paul McAdam Freud failed in his attempt to challenge the validity of a section of his father’s will which meant that only two people in the world would know the distribution of his £96 million fortune.

The artist, who died aged 88 in 2011 leaving behind at least 14 children, created a will, which after legacies and tax, left the remaining £42 million equally to one of his daughters Rose Pearce and his trusted solicitor and friend Diana Rawstron.

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One of the most glamorous figures in the London art scene is the subject of a £3 million High Court writ over allegations that she purchased two contemporary works for a client who was unable to pay for them.

Olyvia Kwok successfully bid for "Water-Worshipper" by Jean-Michel Basquiat and "Idilli" by Cy Twombly at Sotheby’s.

Miss Kwok runs an art and jewels investment firm for clients “who tend to be individuals or families with a net worth in excess of $30 million” and made her bids at the sale in February.

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The ‘forgotten’ son of the late artist Lucian Freud has launched a legal battle to claim a share of his late father’s multi-million pound fortune.

A secret trust fund set up by the painter will be examined in the High Court after Paul Freud, 55, cast doubt on its legality.

Freud, one of the greatest painters of his generation whose subjects included the Queen and Kate Moss, left a fortune of £95.9m when he died in 2011 at the age of 88.

In his will he ordered that his assistant, David Dawson, should be left £2.5m, as well as his west London home.

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