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Case Summary

Shiotani v. Walters

Shiotani v. Walters, No. 1-cv-01375 (S.D.N.Y. 2012); aff’d, No. 13-cv-0060 (2d Cir. 2014).

Précis
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. . . .






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