Bankrupt George Weiss to Sell Monet Painting for $36.5 Million

Bankrupt hedge fund founder George Allen Weiss is seeking court approval to sell an original Claude Monet painting to an undisclosed buyer for $36.5 million.

The oil on canvas painting from Monet’s Nympheas series, dated between 1914 and 1917, will be sold to a buyer represented by attorney Jennifer Morris of Morris Art Law unless higher bids are received in the coming days, according to a filing Monday with the US Bankruptcy Court for the Southern District of Florida.

Proceeds from the approximately 53 x 57 painting of flowers will be used to pay down a portion of Weiss’ $123 ...