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Art Dealers Under Review: The Wildensteins

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Transparency in the art market is a hot topic at the moment. Shady art dealers are receiving most of the blame for various obfuscations and deals gone wrong, and the Wildenstein family is doing little to improve their image.

The Los Angeles Times discusses the controversy surrounding the family in a recently published article entitled, "Cultural Exchange: Wildenstein Art Dealers Scrutinized."

Wildenstein & Company was founded in 1852, and now operates a gallery on 64th Street.
"Over the past century, five generations of Wildensteins have been involved in the business of fine art." As respected and renowned as the dynasty is, company president Guy Wildenstein is currently facing a number of legal challenges.

The first came from his deceased stepmother, Sylvia Roth, who accused him of tax evasion and illegal concealment of portions of his father's estate from her and other heirs. The case continues, and continues to be a sensation in France.

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Disclaimer: This article is for educational purposes only and is not meant to provide legal advice. Readers should not construe or rely on any comment or statement in this article as legal advice. For legal advice, readers should seek a consultation with an attorney.