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Saturday, November 5, 2011

Billionaire Holds Fast to $25M Art

de bene esse: literally, of well-being, morally acceptable but subject to future validation or exception

failed artist who coveted priceless art - helmed greatest looting raid in history
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Nazi art day.

The famous 1918 painting by Italian Amedeo Modigliani was stolen at a 1944 auction by the Nazis.

A sensational law suit is in swing as billionaire Helly Nahmad intends to auction the piece through Sotheby's.

Phillippe Maestracchi claims the painting was stolen from his grandfather Oscar Stettiner a prominent Jewish gallery owner in Paris who fled with his family months before France was occupied.

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