INTERNATIONAL ART NEWS - Where's All The Art and Money?

TORONTO, Canada - The Dreier Case: Where's All The Money?

The court documents detail a firm in disarray, with no one in charge and nearly $40 million worth of art work left hanging on walls of nearly abandoned offices. The Harvard- and Yale-educated litigator has, until now, led a high-octane career, with stints at Fulbright & Jaworski and Rosenman & Colin before founding his own firm in 1996. His personal life has been described as opulent, with homes in Manhattan and the Hamptons and a 120-foot yacht.

The Dreier Case: Where's All The Money? (Forbes)

MISSING WORKS FROM HERMITAGE

"Hundreds" of artworks are missing from the permanent collection of the State Hermitage Museum in Saint Petersburg, Russia, according to the museum's director, Michail Piotrovski. Citing a report from the APA and the Associated Press, Der Standard reports that Piotrovski cannot provide a complete list of the works, but the director notes that many have been missing since World War II. An investigative survey completed by the order of the Russian government recently showed that more than fifty thousand objects are missing from museums across the Russian Federation.

MISSING WORKS FROM HERMITAGE (Artforum)