As an update to an earlier post featured on the Art Law Blog relating to a dispute between the Gagosian Gallery and Qatar Royal Family’s Agent over the ownership of Pablo Picasso’s plaster “Bust of a Woman” sculpture, it has been reported this week that a settlement was reached between the parties.

Details of the

As recently reported by the International New York Times, prominent art dealer Larry Gagosian of the Gagosian Gallery and the royal family of Qatar’s agent, Pelham Europe, Ltd. (run by Guy Bennett), each claim that they purchased Pablo Picasso’s work of a 1931 plaster bust of his French muse/mistress Marie-Thérèse Walter, which is