Austria loses fight to keep Klimt's £170m gilded masterpieces

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A collection of paintings by Gustav Klimt, stolen by the Nazis in 1938, has been restored to its heir in California after an eight-year legal battle. The five works, together worth £170m, now belong to 90-year-old Maria Altmann, who fled the Nazis following the annexation of Austria.

Altmann has lent the paintings to the Los Angeles County Museum of Art for a temporary exhibition. She hopes that the exhibition, which opens on April 4, will attract a buyer. "My wish, and the wish of the other heirs, is that they will be bought by people who will have them on public display," she told the Guardian. "I can promise you they won't hang in my living room."

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