Ruling on Fisk University and O'Keefe Collection

The New York Times is reporting there is a ruling on the Fisk University collection of Georgia O'Keefe paintings. The article is rather short, so I will take the liberty of just posting the full article for your review.

The Georgia O’Keeffe Museum cannot try to block the sale of an art collection donated by O’Keeffe to Fisk University 50 years ago, a state appeals court ruled. The Stieglitz Art Collection, 101 pieces of a larger group of works amassed by O’Keeffe’s husband, the photographer Alfred Stieglitz, includes works by the couple and pieces by Picasso, Cezanne and Renoir. The university, which has longstanding financial difficulties, has arranged to share ownership of the collection with the Crystal Bridges Museum of American Art, which is preparing to open in Bentonville, Ark. The Crystal Bridges Museum will pay $30 million, and the collection will alternate locations every two years. Fisk, in Nashville, must still win permission in a lower court to sell an interest in the collection, a violation of the terms of the original gift. The Georgia O’Keeffe Museum, in Santa Fe, N.M., had argued that it should take possession of the entire collection if Fisk violates any of those terms.