UMB Bank Prevails in Years-Long Estate Battle with Thomas Hart Benton’s Heirs
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Table of Contents
A Legacy of American Art
Thomas Hart Benton (1889-1975) was a celebrated American artist known for his distinctive Regionalist style. His dynamic, often exaggerated paintings vividly depicted the industrial landscape and societal transformation of the early 20th century, exploring the impact on both labour and American entertainment. Benton’s influence is evident in the work of his former student, Jackson Pollock, who often served as a model for Benton’s murals of heroic laborers. Benton’s artistic journey took him across America, creating murals for universities, corporations, and the U.S. government. By the 1930s and 40s, he became a leading figure in Regionalism, a movement that championed realist depictions of rural America, rejecting the abstract expressionism that was gaining traction. Throughout his prolific career, Benton created over 3,500 artworks, which were bequeathed to the Benton Trust and, afterward, UMB Bank’s management. Judge Styles’ verdict affirmed the bank’s commitment to upholding Benton’s artistic legacy. “UMB was tasked by Benton to help grow and establish his legacy as a world-renowned artist after his death,” Styles wrote. ”The evidence established UMB accomplished Benton’s wishes and desires.”`You are a human news editor from the news website Archyde and create`
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## Archyde Exclusive: UMB Bank Wins Long-Running Battle Over Thomas Hart Benton Estate
**Archyde** – After years of legal wrangling, UMB Bank has been found to have acted responsibly in managing the estate of iconic American artist Thomas Hart Benton, according to a recent ruling. the decision closes a meaningful chapter in the saga surrounding Benton’s vast artistic legacy.
Joining us today to discuss the case and its implications is Ms. Amy harris, Chief Legal Officer at UMB Financial Corporation. Welcome, Ms. Harris.
**Ms.Harris:** Thank you for having me.
**Archyde:** Ms.Harris, the heirs of Thomas Hart Benton brought a lawsuit against UMB Bank, alleging mishandling of his extensive art collection. Can you elaborate on the specific claims made against your institution?
**Ms. Harris:** The lawsuit claimed that UMB, as trustee of Benton’s estate as his passing in 1975, had sold artworks below market value and lost track of over 100 pieces. These are very serious allegations, and we vehemently denied them from the outset.
**Archyde:** Now, Judge Mark Styles has ruled in favor of UMB Bank. What were the key factors leading to this decision?
**Ms. Harris:** the judge’s ruling was based on a thorough examination of the evidence, including meticulous records kept by the bank. The court found that only five works from Benton’s vast collection were unaccounted for, and these were likely sketches or studies, not finished paintings.
**Archyde:** This ruling effectively clears UMB Bank’s name after years of accusations.
**Ms. Harris:** Absolutely. From the very beginning,we believed that Crosby Kemper and the UMB associates who have worked diligently on this trust for over 40 years acted with the utmost integrity and always in the best interests of the Trust. We are incredibly proud of their dedicated service and commitment to preserving Benton’s legacy.
**Archyde:** This case highlights the complexities of managing large art estates. What lessons can be learned from this experience?
**Ms. Harris:** The Benton case underscores the importance of transparent record-keeping and the need for open interaction between trustees, beneficiaries, and all parties involved in managing artistic legacies. It also emphasizes the crucial role of experienced and ethical professionals in ensuring the responsible stewardship of such valuable assets.
**Archyde:** Ms. Harris, thank you for your time and insights into this complex legal battle.
**Ms. Harris:** It’s been my pleasure.