The Seattle Art Museum has settled with New York’s Knoedler Gallery over a Matisse stolen by the Nazis, and sold by Knoedler to collectors who later donated it to the museum (follow all that?). The Seattle Museum sued Knoedler after returning the painting to heirs of the original owner. “We can’t specify a dollar amount but we are being reimbursed for our legal fees, research and travel costs as well as the loss of the painting.” That will include the museum choosing a piece of artwork from Knoedler’s collection. – Seattle Post-Intelligencer