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Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

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Tuesday, September 3, 2013

Artist's Trustees Continue a $60 Million Dollar Legal Battle

Rauschenberg_t160Well-known artist Robert Rauschenberg left a $600 million dollar estate. The executors handling the estate are now in court according to the New York Times. Three trustees are asking for $60 million dollars that they claim is owed to them for handling Rauschenberg's property in several states. The trustees are asking the Rauschenberg Foundation for the funds. Despite the fact that Rauschenberg was a longtime friend with each of the trustees, the legal battle began in 2011 when the trustees filed suit against the foundation. 

SeeRauschenberg Friends Seek $60 Million From Artist's Estate, Naples News Aug. 26, 2013.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.

http://lawprofessors.typepad.com/trusts_estates_prof/2013/09/artists-trustees-continue-a-60-million-dollar-legal-battle-.html

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Comments

The litigants need to look at the estate of Mark Rothko and Georgia O'Keeffe.

Posted by: Chris Gair | Sep 4, 2013 5:59:37 AM

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