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Sotheby's faces Holocaust lawsuit

London: Sotheby's is facing a $1.8 billion lawsuit from Holocaust survivors who claim it has recklessly trafficked in works of art stolen from Jews during the Second World War. They allege Sotheby's helped buy and sell looted masterpieces by Rembrandt, Titian, El Greco, Monet, Van Gogh and others since the 1970s. Sotheby's called the claim "patently false" and promised to fight the action. It is to be filed on Sunday by Holocaust survivors who claim the works were stolen under the Nazi regime. They are represented by Edward Fagan, the New York lawyer who helped extract $1.25billion `Nazi Gold' compensation from Swiss banks in 1998.

Guardian Newspapers Limited 2004

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