Nixon Peabody Represented The University of Oklahoma and The University of Oklahoma Foundation in International Litigation and Settlement Agreement
Camille Pissarro’s painting, “Shepherdess Bringing in Sheep” will soon be on public display in the renowned Parisian art museum, Musee D’Orsay. The painting will be on loan to the museum for the next five years. After that time period, it will be returned to the Fred Jones Jr. Museum of Art (FJJMA) at the University of Oklahoma (OU). The painting will stay on permanent public display rotating every three years between FJJMA and a French institution and will be available for educational purposes. Nixon Peabody partners Thaddeus Stauber, Kristin Jamberdino and Sarah André, with associate Jessica Walker represented The University of Oklahoma and The University of Oklahoma Foundation in this complex deal as part of a settlement agreement reached between the OU parties and Ms. Meyer last year.
Terms of the agreement acknowledge the good faith of the University, the OU Foundation and the Léone Meyer family which lost the painting due to Nazi theft as well as that of the Weitzenhoffer family which later acquired it in good faith and donated the painting to the OU Foundation. To achieve the mutual resolution, the agreement transfers the painting’s title to Ms. Meyer with Ms. Meyer gifting the painting to a French public institution which will share public display with The University of Oklahoma. A label will accompany the painting’s display and publication setting forth its provenance as currently know and its history. Nixon Peabody’s Arts and Cultural Institutions team, led by Thaddeus Stauber (Picture), collaborated with Oklahoma counsel McAfee & Taft and Paris counsel Olivier de Baecque in achieving this result.
Involved fees earner: Thaddeus Stauber – Nixon Peabody LLP;
Law Firms: Nixon Peabody LLP;