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Home NFT

Dealer Yves Bouvier to stand trial in Paris over missing Picassos

13/03/2026
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Dealer Yves Bouvier to stand trial in Paris over missing Picassos



A decide has ordered Yves Bouvier to face trial in a Paris legal court docket over the alleged disappearance of dozens of works by Picasso from a storage unit, which the artist’s stepdaughter had rented from Bouvier’s firm. The Swiss supplier is accused of concealing stolen items and laundering. His pal and enterprise associate, Olivier Thomas, faces prices of breach of belief, embezzlement and laundering. 

Bouvier launched an enchantment in opposition to the method, which was denied in November 2024, permitting the investigation to proceed. The decide answerable for the investigation confirmed on 15 January 2026 that there’s adequate grounds for Bouvier to go to trial. A trial date has but to be fastened.

The investigation was triggered in 2015 following a grievance from Catherine Hutin, the daughter of Picasso’s final associate Jacqueline Roque, after she found that works have been lacking from the unit she had rented from Bouvier’s firm, in a Paris suburb. Eight years earlier than, she had requested Olivier Thomas, an artwork supplier and mutual pal of hers and Bouvier’s, to promote Picasso’s final residence on the Riviera, the Mas Notre-Dame-de-Vie in Mougins, and transfer the furnishings to the storage unit.

Whereas the investigation was underway, Hutin reported additional disappearances, elevating the overall of lacking works to nearly 70. Some have been present in images on Olivier Thomas’ digital camera. Notably, two portraits of her mom and 60 drawings from sketchbooks have been found to have been offered by Bouvier to Dmitri Rybolovlev, for a complete of €36m. The Russian collector filed a grievance however withdrew from the process after his 2023 settlement with Bouvier, regarding a broader nine-year authorized feud.

Bouvier claimed that the Picasso works had come from the late Parisian supplier Jean-François Aittouares. However the investigating decide discovered “there may be not a single component establishing his involvement”. Bouvier tells The Artwork Newspaper that “it was a verbal settlement”, explaining that he paid Hutin $8m for the works underneath investigation, by way of a Lichtenstein belief. However, based on the ruling, this “fee in actual fact corresponded to a earlier sale of 11 work”, in 2010, which isn’t disputed. “Nevertheless, Mr Bouvier has produced no proof or paperwork on the acquisition of the works” having disappeared from the storage, concluded the decide. 

Bouvier tells The Artwork Newspaper a trial is “fully unjustified and baseless”. “The case is ludicrous. Ms Hutin was paid for the works offered by Mr Bouvier”, says his lawyer, Philippe Valent, who spoke of a “collusion” in opposition to his consumer. Olivier Thomas claims he has “nothing to do” with Bouvier’s gross sales.

Anne-Sophie Nardon, Hutin’s lawyer, says they’re “relieved by a ruling confirming all their suspicions, after a decade-long course of”, and now hope that the “fact will probably be established in court docket”.



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