Art Institute of Chicago argues Nazi loot claim to its Egon Schiele portrait lacks 'a single shred' of evidence

The museum responded that the work 'was not looted during [the Second World War] but was, instead, lawfully sold by surviving family members after [the Second World War]' in contrast to the DA's claims of Nazi-era looting.

Judge Koeltl ruled the AIC was a 'good-faith possessor' of the painting, stating the museum had not purchased it knowing it was looted, hence denying the heirs' lawsuit.

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