Returned Art – What Are The Obligations?

Maria Altmann successfully sued the Austrian government for return of paintings by Gustav Klimt. Now she’s loaned them to the Los Angeles County Museum of Art. “The three-month loan to LACMA of a textbook painting is partly a gesture of gratitude to the city where Altmann emigrated. But it’s also a holding action. With the seven-year legal battle over title to the art now settled, the heirs face a daunting question: What obligations — if any — does the family have in determining the ultimate fate of a painting of monumental cultural significance?”