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A Missouri choose has rejected arguments {that a} financial institution mismanaged American painter Thomas Hart Benton’s property by promoting his art work for lower than what it was value and dropping greater than 100 items.
Decide Mark Types dominated there have been solely 5 Benton items that UMB Financial institution couldn’t account for throughout its administration of the Benton Belief. They weren’t work, however have been probably sketches or research, KCUR-FM studies.
The Jackson County Circuit Court docket choose awarded Benton’s heirs $35,000 on Dec. 13, only a fraction of the $85 million that the household sought in a 2019 lawsuit. The financial institution stated in a press release that it’s thrilled, however the household’s legal professionals stated they’re contemplating an attraction.
“Regardless of the choice from this trial, we nonetheless strongly imagine within the deserves of the case for the Benton household,” stated Kent Emison of the Langdon & Emison regulation agency, which introduced the go well with on the Bentons’ behalf.
Benton, who died in Kansas Metropolis, Missouri, on Jan. 19, 1975, is understood for his portrayals of Midwestern life within the twentieth century. His work and murals are in museums throughout the USA, together with the Metropolitan Museum of Artwork, the Whitney Museum of American Artwork and the Nationwide Gallery in Washington.
One deal that was questioned was the 1986 sale of “Persephone,” which depicts the Greek goddess resting nude as a farmer gawks, to the Nelson-Atkins Museum of Artwork for $2.5 million. At situation was the truth that a former chairman and board member for UMB served on the Kansas Metropolis museum’s board on the time of the sale. However the choose discovered no proof of something inappropriate.
“The notion that UMB undersold Benton’s art work whereas serving as trustee of the Benton Belief is finally unfounded,” Types wrote.
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The Unbiased
#Household #painter #Thomas #Hart #Benton #alleges #financial institution #undersold #art work #choose #disagrees
By way of AP information wire , 2024-12-19 21:56:00
