Art Restitution: Stasi Looted Art

Summary

One of the primary goals of the GDR government in the 70s and 80s was to secure much needed Western currency in order to alleviate the state’s debt which was rapidly increasing and to support East Germany’s economy which was generally performing badly. The Stasi arranged the sale of artworks to help them achieve this goal.  A covert program was arranged between 1973 and 1989 whereby more than 220,000 valuable objects, including 10,000 paintings were identified and seized from private citizens.

Additional Info

  • Number of Pages: 3
  • Topic: Art Law

About the Author

Constantine Cannon LLP

CONSTANTINE CANNON LLP is an internationally recognized law firm focusing on Antitrust Litigation and Counseling. They also specialize in matters of commercial litigation; intellectual property and technology; representing whistleblowers under the False Claims Act and Dodd-Frank Act; government relations; government agency advocacy; corporate compliance, monitoring and investigation; and electronic discovery consulting.

Latest from Constantine Cannon LLP

Related items

Sign up to our newsletter:
Please enter your name
Please enter your email address
Enter Code:Enter Code:
Invalid Input
Copyright © 2016 PAIAM - All rights reserved. Designed and Developed by Red-Fern Media

Login or Register

Register

User Registration
or Cancel