Earlier this week, the London-based Beaverbrook Foundation lost a high-profile case concerning the ownership of 132 paintings currently on display at the Beaverbrook Art Gallery in New Brunswick.
Retired Supreme Court Justice Peter Cory ruled that 85 paintings were the property of the art gallery, since Lord Beaverbrook gave them as a gift when it opened in 1959. The remaining 48 paintings given after the art gallery opened are still the property of the foundation.
Like most people, I thought that this unusual verdict would be appealed. But now it appears that an appeal might not happen due to high costs.
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