Fisk Can Keep Georgia O’Keeffe Art Collection Despite Violating Gift Terms

According to the Associated Press, a Tennessee Chancellor ruled yesterday that financially strapped Fisk University can keep its collection of Georgia O’Keeffe artwork obtained via a testamentary gift.  The Court ruled that Fisk violated the terms of the gift but rebuffed efforts by the Georgia O’Keeffe Museum to take position of the works.  Fisk had previously failed in its efforts to obtain judicial permission to sell the artwork for $30 million.  After the initial opinion, the court held further hearings on the Museum’s argument that Fisk should forfeit the artwork because it violated the terms of the gift.

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