Monday, June 24, 2013

We're preparing the class action lawsuit right now

If the DIA's collection really is held in a charitable trust, as the Michigan AG claims, then who gave the museum permission to sell works over time, as they have, and use the proceeds to buy different art?

Shouldn't the "beneficiaries" of the trust sue for breach of fiduciary duty?

Related:  The Art Market Monitor interviewed by Now This News.