Settlement reached over Zaha Hadid's $133m estate
In the four years since the celebrated Iraqi-born architect died suddenly in March 2016, a “toxic dispute” has been taking place between the executors of her estate [...]. The long-running feud has finally been settled in an explosive court hearing involving contested allegations of financial mismanagement, disregard for corporate governance and “clandestine relationships” between the current practice principal and junior members of staff.The Guardian's architecture critic Oliver Wainwright provides an update on the four-year legal feud over the sizable estate of the late Zaha Hadid — now valued at around $133 million. "The agreement will see the bulk of Hadid’s assets go to the Zaha Hadid Foundation," Wainwright writes, "a charitable body, with plans to establish a museum and award scholarships, focused on supporting the architectural education of Arab women in particular." Zaha Hadid Architects principal director Patrik Schumacher will reportedly chair the employee benefit trust that holds shares in the architecture practice, Zaha Hadid Ltd (ZHL). Listen to our 2018 conversation with Schumacher upon the passing of Zaha Hadid: Previously on Archinect: Zaha Hadid Architects to continue under Patrik Schumacher's leadership ZHA after Zaha: Patrik Schumacher on Zaha and what's next for the firm, on Archinect Sessions #61 Patrik Schumacher on the parametric future he plans for ZHA Patrik Schumacher sues for control over ...
In the four years since the celebrated Iraqi-born architect died suddenly in March 2016, a “toxic dispute” has been taking place between the executors of her estate [...]. The long-running feud has finally been settled in an explosive court hearing involving contested allegations of financial mismanagement, disregard for corporate governance and “clandestine relationships” between the current practice principal and junior members of staff.
The Guardian's architecture critic Oliver Wainwright provides an update on the four-year legal feud over the sizable estate of the late Zaha Hadid — now valued at around $133 million.
"The agreement will see the bulk of Hadid’s assets go to the Zaha Hadid Foundation," Wainwright writes, "a charitable body, with plans to establish a museum and award scholarships, focused on supporting the architectural education of Arab women in particular."
Zaha Hadid Architects principal director Patrik Schumacher will reportedly chair the employee benefit trust that holds shares in the architecture practice, Zaha Hadid Ltd (ZHL).
Listen to our 2018 conversation with Schumacher upon the passing of Zaha Hadid:
Previously on Archinect:
