Author's abstract: The recent push for Holocaust reparations, which resulted in European, domestic and international funds, left a significant gap pertaining to Nazi-looted art. Claims to Nazi-looted art are exploding, creating a tremendous problem for the art market. This article concludes that the best remedy for the problem is the creation of an international tribunal with compulsory jurisdiction to resolve claims to Nazi-looted art in a manner akin to an equitable hybrid of mediation and binding arbitration.The Tribunal would provide justice to both individual claimants with strong claims and other claimants who probably could not win in court but are nonetheless deserving of relief. It also would provide the repose so desperately needed by the art community. With the upcoming administration change in the White House, this idea has a realistic chance of being implemented and should be explored.
To read the article, click here.