Natalia Goncharova s Soldier Washing Horses (1910), valued in court documents at $6m, is among the works that a gallery s lawyer says were taken hostage Courtesy of Shchukin Gallery
In a long-running court battle, the Shchukin Gallery is seeking the return of five paintings by Kazimir Malevich and Natalia Goncharova worth $63m that the gallery says were taken by a Russian financier and have remained hidden ever since.
Back in 2013, Rustam Iseev, a Russian financier and client of the Shchukin Gallery, introduced the investor Vladislav Gershkovich to the gallery’s owners, Nikolai Shchukin and his wife, Marina, who were looking for capital to finance the purchase of five-early 20th-century paintings, three by Malevich and two by Goncharova. This introduction would result in years of bitter multi-jurisdiction legal filings, the most recent of which, initiated in April by Shchukin’s lawyer Stephen Weingrad of Weingrad & Weingrad, is seeking nearly $9