• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say

1

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
CommentaryUkraine invasion
Europe

We help Holocaust victims and their heirs recover Nazi-looted art. Here’s how the lessons we’ve learned can help Ukraine reclaim its cultural property stolen by Russia

By
Howard N. Spiegler
Howard N. Spiegler
and
Lawrence M. Kaye
Lawrence M. Kaye
Down Arrow Button Icon
By
Howard N. Spiegler
Howard N. Spiegler
and
Lawrence M. Kaye
Lawrence M. Kaye
Down Arrow Button Icon
February 23, 2024, 11:43 AM ET
A visitor to the Leopold Museum in Vienna looks at a painting by Austrian expressionist painter Egon Schiele on Feb. 2. The recent restitution of several Nazi-plundered works by Austrian painter Egon Schiele to the heirs of the Jewish owner, has shone a spotlight on Austria's most prestigious museum collections. The descendants of Fritz Gruenbaum, an Austrian Jewish cabaret performer killed in the Holocaust, are pursuing 12 Schiele pieces housed in Viennese museums.
A visitor to the Leopold Museum in Vienna looks at a painting by Austrian expressionist painter Egon Schiele on Feb. 2. The recent restitution of several Nazi-plundered works by Austrian painter Egon Schiele to the heirs of the Jewish owner, has shone a spotlight on Austria's most prestigious museum collections. The descendants of Fritz Gruenbaum, an Austrian Jewish cabaret performer killed in the Holocaust, are pursuing 12 Schiele pieces housed in Viennese museums.Joe Klamar—AFP/Getty Images
Add Fortune on Google for similar content.

During their brutal rule in Europe, the Nazis systematically looted and destroyed art and other cultural property in an attempt to erase Jewish culture as part of their effort to exterminate the Jewish people. Although the horrific experience of the Holocaust stands alone in its barbarity and enormity, the looting and destruction of artworks throughout occupied Ukraine by Russian forces today is a means of erasing Ukrainian culture and identity. It took some 50 years before avenues were developed to help the heirs of Holocaust victims to reclaim looted art, and intense legal battles were, and continue to be, needed to vindicate their rights. Ukraine will likely face similar challenges in recovering its looted artwork–and the lessons we’ve learned in successfully recovering Nazi-looted art will be an invaluable aid in these efforts. 

Since Russia invaded Ukraine in February of 2022, Russian forces have systematically looted and destroyed art and other cultural property. About 10,000 objects were reportedly looted from the Kherson Regional Art Museum alone. The United Nations Educational, Scientific and Cultural Organization (UNESCO) has verified damage to more than 342 cultural icons including religious sites, museums, buildings of historical interest, and monuments. This is not a happenstance of war but a concerted effort by Russia to eliminate Ukraine’s cultural identity.

For Jewish heirs seeking to reclaim art stolen from their families during the Holocaust, decades passed before the extent of Nazi looting in Europe was widely acknowledged and documented and steps were taken to aid in recovering looted works. The Washington Principles on Nazi-Confiscated Art, adopted in 1998 by 44 nations at the Washington Conference on Holocaust Era Assets, marked an important turning point, providing a formal international convention acknowledging the existence of enormous amounts of Nazi-looted art and making clear that means should be developed to ensure that the original owners of such property are provided with the opportunity to reclaim it.  

Ukraine will face daunting obstacles to its efforts to reclaim its looted artifacts. For example, it will likely be difficult to determine the location of looted artworks. Furthermore, even if war were not raging, claims brought directly to Russia will prove impossible to succeed since its government will likely contend that any properties seized are simply “spoils of war” that cannot be reclaimed, especially if Russia continues to deny that Ukraine is an independent sovereign nation.  

However, there are other ways for Ukraine to pursue the return of its property, for example, when it is found outside of Russia. The most successful course of action would likely be to investigate and target looted artworks that found their way into private collections or even public repositories like museums, and to bring lawsuits to recover them. Support from the nations where these artworks are found will be critical. The U.S. government has committed itself to helping to prevent the importation of such stolen works into the United States, seizing them and returning them to Ukraine. Just recently, U.S. Customs and Border Protection, through the Department of Homeland Security, returned 10 stolen artifacts to President Zelensky that had been seized by the authorities at JFK Airport.  

Although it took decades, international conventions and successful lawsuits pushed museums and private collectors to be more vigilant about assessing the provenance of their collections to ensure that they were not in possession of Nazi-looted art. The same standards that were developed for the restitution of Nazi-looted art, and antiquities looted from nations in other circumstances, should be applied in the case of looted Ukrainian cultural property.  

We urge the international community to convene a conference, similar to the Washington Conference, to instruct countries and art market stakeholders to be vigilant about avoiding the acquisition of Ukrainian cultural property and returning such property in their possession.  

Ukraine will confront the same obstacles faced by sovereign nations and the families of Holocaust victims, such as tracing the provenance of property back to Ukraine. But with the help of researchers and the goodwill of governments around the world as well as the art world, these challenges can once again be overcome. 

Howard N. Spiegler and Lawrence M. Kaye are art law attorneys in New York City.

More must-read commentary published by Fortune:

  • Here’s how the U.S., Europe, and China are faring in the post-pandemic race for economic growth
  • Working fathers are the new target of microaggressions–and they are worried they could be getting ‘daddy tracked’
  • Travis Kelce’s Super Bowl behavior is emblematic of the ‘rise of the jerk’
  • The anti-DEI movement has gone from fringe to mainstream. Here’s what that means for corporate America

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

About the Authors
By Howard N. Spiegler
See full bioRight Arrow Button Icon
By Lawrence M. Kaye
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Commentary

e
CommentaryAntitrust
Careful what you bid for: The Ellisons’ Paramount/WBD deal is slipping toward a costly legal and financial cliff
By Jeffrey Sonnenfeld, Nell Minow and Stephen HenriquesAugust 3, 2026
1 hour ago
congress
Commentaryregulation
Congress needs an AI framework now
By Caleb KnappAugust 3, 2026
2 hours ago
t
CommentaryTariffs
Trump just invoked a 1930 tariff law no president has ever used — against Canada
By Caleb PetittAugust 2, 2026
1 day ago
SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it
AsiaSatellites
SpaceAI could be Southeast Asia’s edge against El Niño—if governments actually use it
By Karryl Kim Sagun Trajano and Iuna TsyrulnevaAugust 2, 2026
1 day ago
250
Commentary250 Years of Innovation
America bet everything on trust 250 years ago. That bet is being tested again
By Keith KrachAugust 1, 2026
2 days ago
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
Commentaryaging
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
By Runchana Pongsaparn and Koon Hui TeeJuly 31, 2026
3 days ago

Most Popular

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
By Catherina GioinoAugust 2, 2026
1 day ago
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
Economy
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
By Jason MaAugust 1, 2026
2 days ago
As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
Middle East
As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
By Jason MaAugust 2, 2026
22 hours ago
Trump just invoked a 1930 tariff law no president has ever used — against Canada
Commentary
Trump just invoked a 1930 tariff law no president has ever used — against Canada
By Caleb PetittAugust 2, 2026
1 day ago
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
Success
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
By Preston ForeAugust 1, 2026
2 days ago
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, research reveals
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, research reveals
By Orianna Rosa RoyleAugust 2, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.