Peters Gallery of New York, Inc v. Successors-in-Interest to Eberstadt & Sons

CourtDistrict Court, S.D. New York
DecidedAugust 1, 2025
Docket1:23-cv-03181
StatusUnknown

This text of Peters Gallery of New York, Inc v. Successors-in-Interest to Eberstadt & Sons (Peters Gallery of New York, Inc v. Successors-in-Interest to Eberstadt & Sons) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Peters Gallery of New York, Inc v. Successors-in-Interest to Eberstadt & Sons, (S.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

PETERS GALLERY OF NEW YORK, INC., Plaintiff, 23-CV-3181 (JPO)

-v- OPINION AND ORDER

JOAN WEIANT and LEIGH BRENZA, Defendants.

J. PAUL OETKEN, District Judge: This case revolves around a series of Western American artworks that went missing from the Eberstadt family’s collection in the 1970s and resurfaced decades later with Peters Gallery of New York, Inc. (“Peters Gallery”). Plaintiff Peters Gallery brings this declaratory judgment action to quiet title against Defendants Joan Weiant and Leigh Brenza, as successors-in-interest to Eberstadt & Sons (“the Eberstadts”). The Eberstadts assert counterclaims and third-party claims against Peters Gallery and Gerald Peters (collectively, the “Gallery Parties”) for declaratory judgment, replevin, and conversion. Before the Court are the parties’ cross-motions for summary judgment. For the reasons that follow, the Gallery Parties’ motion for summary judgment is granted, and the Eberstadts’ motion for summary judgment is denied. I. Background A. Factual Background The following facts are taken from the parties’ Local Rule 56.1 Statements (ECF No. 68 (“PSOF”); ECF No. 75 (“ESOF”)) and are undisputed unless otherwise noted. 1. The Missing Art In the early twentieth century, Edward Eberstadt founded Eberstadt & Sons, a bookselling business in New York City that dealt in rare books and manuscripts, with a special interest in the American West. (ECF No. 20 ¶¶ 77-78; see ECF No. 31 ¶¶ 77-78.) Over the years, Edward and his sons, Lindley and Charles Eberstadt, built a reputable collection of Western American art. (ESOF ¶ 75.) In the 1960s, Eberstadt & Sons sent approximately seventy-seven of its paintings offsite to Shar-Sisto, an art restoration company, “to clean, varnish, touch up frame, and coordinate photography.” (Id. ¶¶ 76-77 (quotation marks omitted).)

“Shar-Sisto confirmed that ‘[n]ever was there an agreement between the parties to do anything but clean, restore and repair the said paintings.’” (Id. ¶ 78 (quoting ECF No. 69-13 ¶ 2).) The parties agreed that Shar-Sisto “could handle the project during its ‘slow time.’” (Id. ¶ 80.) In late 1969, upon receiving an offer to buy Eberstadt & Sons’ collection, Lindley asked Shar-Sisto to return the paintings. (Id. ¶ 81.) Shar-Sisto returned most of the works in March 1970. (Id. ¶ 82.) However, seventeen paintings were missing. (Id. ¶ 83.) Among them are several artworks at issue in this case: Eanger Irving Couse’s Flute Courtship (“the Couse”), Paul Frenzeny’s The Ambush (“the Frenzeny”), Alfred Jacob Miller’s Mirage on the Prairie (“the Miller”), John Archibald Woodside’s An Indian Buffalo Hunt (“the Woodside”), Paul Kane’s

Medicine Mask Dance (“the Kane”), John Mulvaney’s Trappers of the Yellowstone (“the Mulvaney”), Frederic Sackridge Remington’s Miners Prospecting for Gold (“the Remington”), and Henry Balink’s Taos Indian Portrait (“the Balink”). (PSOF ¶ 3.) 2. The Search Over the next few months, Lindley corresponded with Hillard Shar, the owner of Shar- Sisto, to locate the missing paintings. (ESOF ¶ 84.) In a March 16, 1970 letter, Lindley provided a list of twenty-eight paintings that were sent to Shar-Sisto and never returned. (See ECF No. 69-14, ECF No. 61-12.) In a November 9, 1971 letter, Lindley wrote to Shar that his wife had just passed away that summer, but he had finally gone through his records and compiled a list of twenty-six paintings “on deposit with [Shar-Sisto] which were not returned.” (ECF No. 61-14 at 1.) Lindley asked Shar to make further searches before he would “resort[] to litigation against a longtime associate.” (ESOF ¶ 87; see also ECF No. 61-14 at 2.) The Eberstadt family ultimately located some of the missing works, “as items were crossed off missing lists or annotated ‘sold.’” (PSOF ¶ 47; see also ECF No. 61-17 (“Most paintings still at Shar—a few sold—some may be here.”).)

On July 13, 1972, Lindley “requested two fair market appraisals” from two art galleries—Kennedy Gallery and Bartfield—of the paintings that remained missing. (PSOF ¶ 48.) On June 20, 1973, Eberstadt & Sons asserted a conversion claim against Shar-Sisto in the Supreme Court of the State of New York, alleging that Shar-Sisto “failed and neglected to return to the plaintiff upon its demand” a list of seventeen paintings owned by Eberstadt & Sons. (ECF No. 69-16; see ESOF ¶ 88.) On May 24, 1974, the court dismissed Eberstadt & Sons’s claim “as untimely by approximately three months.” (ESOF ¶ 91; see ECF No. 69-19.) Following the case’s dismissal, Lindley reported the missing works to the Art Dealers Association of America (“ADAA”), which had started “an art theft/notification system” in the

1960s. (ESOF ¶¶ 92, 95.) On November 6, 1974, the ADAA “issued a typewritten Theft Notice to its member galleries and certain auction houses and law enforcement” containing illustrations for “some but not all” of the paintings. (PSOF ¶ 56.) The parties vigorously dispute the reach and impact of the ADAA. While the Eberstadts contend that “the ADAA was the only resource available for widespread dissemination of art thefts” at the time (ESOF ¶ 97), the Gallery Parties’ expert opines that these Theft Notices “contained no information on the context of the loss, often lacked images, and had a very limited distribution,” and “were not well known” outside the ADAA’s distribution list. (ECF No. 69-23 at 4.) Charles Eberstadt passed away in 1974. (PSOF ¶ 29.) Lindley Eberstadt “was ill throughout the 1970s,” dissolved Eberstadt & Sons in 1975, “and passed away in 1984.” (ESOF ¶¶ 98-99.) Before his passing, Lindley gave a large folder of records about the missing artworks to his daughter, Defendant Joan Weiant, containing “documents from the 1973 lawsuits against Shar-Sisto, copies of his communications with Shar, and a copy of the Theft Notice.” (Id.

¶ 100.) Lindley told Joan to “protect and keep the Theft Notice and have it ready for when something was flagged or returned or turned up.” (Id. ¶ 101 (cleaned up).) Around that time, the Eberstadts contracted with Kennedy Gallery “to market the hundreds of artworks remaining from the Eberstadts’ collection after the company’s dissolution.” (PSOF ¶ 31.) Since the 1970s, other organizations tracking art thefts have emerged. The International Foundation for Art Research (“IFAR”) “began collecting and disseminating information about art thefts” in 1976 and merged its efforts with the ADAA’s in 1987. (ESOF ¶¶ 102-03.) “In 1991, IFAR licensed its records to the newly established private Art Loss Register (‘ALR’), later expanding that license in 2004.” (Id. ¶ 104.) Through these licenses, the ALR obtained records

from the ADAA and digitized them over time. (Id. ¶ 105.) The ALR enables sellers and buyers to check for potential matches with lost items registered on its database. (Id. ¶ 110.) 3. The Gallery As the Eberstadts were searching for their lost paintings in New York, Gerald Peters opened his first gallery in Santa Fe, New Mexico. (PSOF ¶ 1.) Peters began dealing art in the early 1970s, opened Peters Gallery in 1976, and specialized in “small value western art.” (ESOF ¶¶ 114-15.) Between the late 1970s and the mid-1980s, “Peters purchased or took on consignment dozens of paintings” from a “small time” art dealer, Franklyn Gesner. (PSOF ¶ 2; ESOF ¶ 120.) Those paintings included the Couse, the Frenzeny, the Miller, the Woodside, the Kane, the Mulvaney, and the Remington. (PSOF ¶ 3.) Peters had worked with Gesner since the 1970s, during which time Gesner brought many other artworks to Peters and other dealers and auction houses. (Id. ¶¶ 5-6.) As Peters “establish[ed] himself as a major dealer” in Western art in the 1980s and 1990s, he marketed the artworks at issue and displayed several of them in traveling museum exhibitions. (Id.

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