Argentine Court Orders Return of Nazi-Looted 'Portrait of a Lady' to Jewish Heir in U.S.
An Argentine court has approved the return of the 17th-century painting 'Portrait of a Lady,' which was looted by Nazis during the Holocaust, to Marei von Saher, the sole heir of Dutch-Jewish art dealer Jacques Goudstikker. The decision stems from an agreement with Patricia Kadgien, daughter of fugitive Nazi official Friedrich Kadgien, and her husband, Juan Carlos Cortegoso. The couple was charged last year with aggravated concealment after the painting was discovered in their home in Mar del Plata, Argentina, following an investigation by the Dutch newspaper Algemeen Dagblad. Under the agreement, Kadgien and Cortegoso will relinquish their claim to the artwork and avoid a criminal trial, instead facing two years of court supervision and making payments to a local children's hospital. The painting, initially attributed to Giuseppe Vittore Ghislandi, was re-identified by Argentina's National Academy of Fine Arts as a work by Giacomo Antonio Melchiorre Ceruti and is valued at approximately $290,000. Von Sahe...