Leopold Museum Announces Favorable Conclusion To Egon Schiele Painting Dispute

artwork: "Haeuser am Meer" (Houses by the sea), by Austrian painter Egon Schiele (1890-1918) - Courtesy of the Leopold Museum

VIENNA.- The Leopold Museum Private Foundation announced that negotiations in the case Jenny Steiner / ”Häuser am Meer” have reached a favorable conclusion: Following strenuous efforts, a settlement has been reached with the only granddaughter of Jenny Steiner. The Leopold Museum Private Foundation has pledged to pay Jenny Steiner’s heir the sum of 5 million dollars for her 1/3 share.