At its most basic, restitution refers to ‘the restoration of something lost or stolen to its proper owner.’ Our restitution services at Mondex take things further, which is part of our value to clients. Once an artwork or other cultural artifact has been recovered, our clients may wish to gift or loan the artwork to a third party, or we may arrange for its sale through an established auction house or specialist dealer. In either scenario we secure the necessary insurance and transportation, adhering strictly to fine-art protocols involving the crating, packing, storage and delivery of valuable artworks.
Our restitution services at Mondex take things further, which is part of our value to clients.
When our clients decide that the sale of a restituted artwork is appropriate, then the well-established relationships, which we have developed in the art world become very important. We work closely with our partners, who highly regard the cultural heritage of art as much as they value discretion, and together we expertly market works of art, and, in so doing, find a suitable home for what may often be a very sentimental and important artwork. The value that we bring to our clients in this process often exceeds the cost of our services and the peace of mind provided is priceless.
Restitution Success Rate *
We do share the field with others, organizations whose mandate is similar. All too often, however, these other companies or lawyers take a passive approach to restitution — often simply by listing artworks or cultural assets on public websites, for example, in the hope that someone will discover them, recognize them as their clients’ property, and help to return them. At Mondex, we are incredibly proactive.
We work hard to locate and recover artworks and other cultural artifacts by proactively searching for these assets, and then by doing what is appropriate to recover them. With members of our team located throughout North America and Western and Eastern Europe, we are well positioned to continually search for and locate the artworks and other cultural artifacts of our clients.
In fact, because we conduct research on multiple cases, simultaneously, our multilingual, international team of researchers is always on the lookout for data that are relevant to other cases. Archival material we source for one case can often offer insights into another, usually via clues that we carefully identify and track. Each of these clues is important. In situations where documents have been misfiled, for example, it can be as though they never existed. By systematically searching millions of documents, we enhance the probability of locating our clients’ property, and our clients’ chances of a successful restitution.