Shiotani v. Walters
Shiotani v. Walters, No. 1-cv-01375 (S.D.N.Y. 2012); aff’d, No. 13-cv-0060 (2d Cir. 2014).
This dispute over the ownership of a van Dyck painting involved allegations that the painting was owed as a debt to two different people through two different galleries, both of which were supposedly owned by the same man. The case raised the issue, inter alia, as to what constitutes a “diligent” search sufficient to overcome a laches defense, and what length of delay in filing suit is unreasonable and prejudicial to the current owner. . . .