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Case Summary
Rosenberg v. Seattle Art Museum v. Knoedler-Modarco, Inc.
Rosenberg v. Seattle Art Museum v. Knoedler-Modarco, 42 F. Supp. 2d 1029 (W.D. Wash. 1999), mot. for recons. granted, 70 F. Supp. 2d 1163 (W.D. Wash. 1999), vacated on recons., 124 F. Supp. 2d 1207 (W.D. Wash. 2000).
Précis
The heirs of art dealer Paul Rosenberg filed suit against the Seattle Art Museum (“SAM”) to recover a Matisse painting, stolen from the Rosenberg collection by the Nazis and bequeathed to SAM by a
good faith purchaser
One who buys something for value without notice of another's claim to the property and without actual or constructive notice of any defects in or infirmities, claims, or equities against the seller's title; one who has in good faith paid valuable consideration for property without notice of prior adverse claims (Black’s Law Dictionary (8th ed. 2004)).
good faith purchaser in 1991. When SAM’s own research substantiated the claim, the case was settled in 1999 by SAM agreeing to . . . .
Associated Legal Decision(s)
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