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or $8,000. Using the 2010 sale of Motherwell's In Black and White No. S (a work similar in size, composi
e Motherwell painting, a 66- by 50-inch oil on canvas work created in 1966, was acquired by Ms. Newberger in 1969 for $8,000. Using the 2010 sale of Motherwell's In Black and White No. S (a work similar in size, composition, and date of creation) for $1,426,500 as a comparable, the Estate's valuation expert
or $8,000. Using the 2010 sale of Motherwell's In Black and White No. 5 (a work similar in size, composi
e Motherwell painting, a 66- by 50-inch oil on canvas work created in 1966, was acquired by Ms. Newberger in 1969 for $8,000. Using the 2010 sale of Motherwell's In Black and White No. 5 (a work similar in size, composition, and date of creation) for $1,426,500 as a comparable, the Estate's valuation expert
ainting In examining the sale of Motherwell's In Black and White No.5 painting some 16 months after the
sale of the Picasso renders their valuation wholly unreliable. ... We agree with [the IRS's] expert." Motherwell Painting In examining the sale of Motherwell's In Black and White No.5 painting some 16 months after the date of death, the Court noted that, at the date of sale, "the artwork market had largely
Entities connected to both Leon Black and Motherwell's

Jeffrey Epstein
PERSON
Paul Morris
PERSON
Chris Christie
PERSON
Pablo Picasso
PERSON
Sotheby's
ORGANIZATIONJacqueline
PERSONDubuffet
ORGANIZATIONUntitled
PERSONRobert Motherwell
PERSONMotherwell Painting
ORGANIZATIONLance S. Hall
PERSONBernice Newberger
PERSONNewberger
PERSONTete de Femme
ORGANIZATIONChristie's London
ORGANIZATIONthe Newberger Court
ORGANIZATION