Deal reached for art with Nazi ties

Los Angeles Times 10 August 2005

As the result of an out-of-court settlement, Bay Area resident Thomas Bennigson will receive $6.5 million from Marilynn Alsdorf of Chicago for a Pablo Picasso painting reportedly stolen by the Nazis from Bennigson's grandmother years before Alsdorf acquired it in 1975.

Additionally, as part of a prior agreement contingent on the settlement, Bennigson will receive a lesser sum from Stephen Hahn - the art dealer who sold the painting to Alsdorf and her late husband, James. That sum is to be equal to the profit Hahn realized on the sale. According to Bennigson's attorney, E. Randol Schoenberg, Bennigson may also receive some funds from Los Angeles art dealer David Tunkl, who was planning to exhibit and sell the painting for Alsdorf in 2002 when he was notified that the Art Loss Register in London had determined that it had been stolen during the Nazi regime.
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