Top French court orders re-trial for Wildenstein art dynasty
The First Art Newspaper on the Net    Established in 1996 Sunday, December 22, 2024


Top French court orders re-trial for Wildenstein art dynasty
In this file photo taken on March 2, 2018 French-US art dynasty scion Guy Wildenstein arrives at The Palais de Justice in Paris. The Court of Cassation on January 6, 2021 annulled the acquittal of the heirs of the Wildenstein art dealers family, prosecuted for tax fraud of several hundred million euros, and ordered a new trial. GEOFFROY VAN DER HASSELT / AFP.



PARIS (AFP).- France's top court ordered a new trial on Wednesday for members of the art-dealing Wildenstein family who were cleared of tax evasion in 2018.

Guy Wildenstein, the Franco-American patriarch of the dynasty, was found not guilty at the highly publicised 2018 trial where he was accused of hiding hundreds of millions of euros from French authorities.

His nephew Alec Junior and his ex-step-sister Liouba Stoupakova were also cleared, as well as trust fund managers and lawyers who were put on trial.

On Wednesday, prosecutors successfully appealed to the court of cassation for a re-trial, which will result in the third attempt to convict the dynasty over the management of its billions, which are held in a web of trusts and holding companies from the Channel Islands to the Bahamas.

A first trial collapsed in January 2017 and prosecutors suffered their second setback in June 2018.

Prosecutors had called for a four-year prison sentence and a fine of 250 million euros ($310 million) for Guy Wildenstein during the second trial, which stemmed from a multi-generational inheritance squabble worthy of a soap opera.

The case revolved around tax declarations filed in 2002 and 2008.

Family assets include a host of works by Rococo painter Fragonard and post-Impressionist Bonnard, and a stable of thoroughbred horses.

Other assets included a vast real estate portfolio, with the jewel in the crown a luxurious Kenyan ranch which provided the backdrop for the film "Out of Africa".


© Agence France-Presse










Today's News

January 7, 2021

Art world sets plans for 2021 fairs (in pencil)

Exhibition of photographs by Gordon Parks opens at both of Jack Shainman Gallery's locations

Staff member jailed for Buckingham Palace thefts

Top French court orders re-trial for Wildenstein art dynasty

The Morris Museum of Art announces the death of artist Philip Morsberger

Cannes says film festival may be put off till summer

Neil Young sells 50 percent stake in his music

Pioneering photographer Ruth Orkin celebrated in Bonhams New York Photographs sale

Finest Brasher Doubloon, 1804 Plain 4 Eagle poised to make history at Heritage Auctions

Exhibition at The Met showcases the important role of European textiles in traveling exhibitions

Strong 2020 rare coin & banknote market despite pandemic, reports Professional Numismatists Guild

Online exhibition explores Scottish environments close to home during lockdown

Sworders' Design sale to be held 'live online' on January 26 includes a collection of work by Art Deco giant Jules Leleu

Greek film festival founder Dimitri Eipides dies aged 82

Exhibition at ClampArt includes a selection of Brian Buckley's new wet photograms

Eric Jerome Dickey, best-selling novelist, dies at 59

Grey Flannel presents elite game-used sports memorabilia in stellar winter auction closing January 20

Suzi Analogue wants Black women in experimental music to never compromise

Kohn Gallery announces representation of Nir Hod

Monica King closes Tribeca space and launches new venture for 2021

ART X Lagos consolidates its position as West Africa's premier international art fair with digital fair

Taymour Grahne Projects opens an online solo exhibition by artist Polina Barskaya

2021 highlights at Greenwich's Old Royal Naval College

Frozen towers and palaces stun visitors at Harbin ice festival

Which country has 7g network?

Five Tips To Stay Focused As An Artist

Gaining TikTok popularity with these tricks

Using Karma Yoga in 2021, the Year of the Hierophant

A few advantages of cognitive behavioral therapy for drug addiction recovery




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
(52 8110667640)

Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful