O'Keeffe Museum Drops Lawsuit Against Fisk

I guess the Georgia O'Keeffe Museum, having read Chancellor Ellen Hobbs Lyle's homage to Alice Walton, has seen the writing on the wall: It filed today in Tennessee Chancery Court, Davidson County, a "notice of voluntary dismissal of its pending counterclaims" against Fisk, in connection with the university's Stieglitz Collection. In other words, it's dropping the case.

As for the offer waiting in the wings, Attorney General Robert Cooper Jr. says:

Ms. Walton's proposal, even at this preliminary stage, is clearly superior to the O'Keeffe Museum settlement agreement, but we will not be in a position to support or oppose the proposal until there are more specifics.

As I stated in my letter to Ms. Walton of August 27, I would still prefer to see a local proposal that allows the Collection to remain in Nashville on a full-time basis.

Jonathan Marx of the Tennessean has the story.