Why were The Solomon R. Guggenheim Foundation and Deutsche Bank AG defendants in this lawsuit?
A. The Guggenheim Foundation and Deutsche Bank jointly established a museum/exhibition space on the ground floor of the Deutsche Bank building in Berlin. The joint collaboration is called “Deutsche Guggenheim Berlin.” Deutsche Guggenheim Berlin hosts art exhibitions, many of which are commissioned. The Guggenheim Foundation curates and advises as to the artwork. Deutsche Bank provides the cash and space. They are named in the suit because the Deutsche Guggenheim Berlin commissioned the Koons artwork at issue in this case. It is worth noting that Deutsche Bank has the largest art collection by a single company in the world, more than 50,000 works of art.
