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Jury Rules Against University Of Texas Keeping Warhol Portrait

LOS ANGELES (CBSDFW.COM/AP) -- A California jury ruled against the University of Texas in the high profile case of an Andy Warhol portrait of Farrah Fawcett. It said the portrait of Fawcett belongs to actor Ryan O'Neal and he should be allowed to keep it.

The panel of six men and six women reached its verdict Thursday after a three-week trial. O'Neal has maintained for years that the portrait, one of two Warhol created, was a gift from the artist in 1980.

Fawcett left all of her artwork to the University of Texas at Austin, which sued O'Neal to gain possession of the portrait. The school received another version of the Fawcett portrait after the actress' death in June 2009.

O'Neal testified the artwork remained a treasured memento of his relationship with Fawcett. He said he wanted to leave it to his son with the actress, Redmond O'Neal.

(©2013 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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