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Corporate and M&A

European Parliament Adopts a Resolution on the Restitution of Plundered Artwork

Due to growing public consciousness regarding the subject of artwork and cultural property plundered in times of war and colonialisation, the European Parliament has recently adopted a resolution asking for a harmonized system of laws aimed at regulating the restitution of such objects to their lawful owners.On the 17th January, 2019 the European Parliament voted resoundingly in favour of a resolution calling on the Union institutions and Member States to establish a legal framework encouraging the identification and recovery of artistic and cultural works. In particular, the resolution targets future transactions of those works which were obtained through confiscation or…
Mark Soler
15th February 2019
News_OM_20190215-142635_1.png
Corporate and M&A

European Parliament Adopts a Resolution on the Restitution of Plundered Artwork

Due to growing public consciousness regarding the subject of artwork and cultural property plundered in times of war and colonialisation, the European Parliament has recently adopted a resolution asking for a harmonized system of laws aimed at regulating the restitution of such objects to their lawful owners.On the 17th January, 2019 the European Parliament voted resoundingly in favour of a resolution calling on the Union institutions and Member States to establish a legal framework encouraging the identification and recovery of artistic and cultural works. In particular, the resolution targets future transactions of those works which were obtained through confiscation or…
Mark Soler
15th February 2019