The painting was bequeathed by Fawcett to the University of Texas at Austin in 2010.... (Associated Press) 
 
 FILE - This Dec. 12, 2013 file photo shows actor Ryan O'Neal, center, followed by his son, Redmond O'Neal, as they exit court for a lunch break in Los Angeles. "During Farrah's lifetime, she told her closest friends and she told the people who work for her a very simple fact: Ryan owned one portrait and Farrah owned another," O'Neal's attorney said Monday in his closing statement. "It's her presence, her presence in my life, in her son's life," he said on the stand. She had studied art in college but left early and shot to stardom with "Charlie's Angels" and a famous pinup poster of her in a red swimsuit. A woman who produced the "20/20" segment testified in her deposition that she did not recall seeing O'Neal there that day and that she had no knowledge of Warhol promising two portraits. The university argues that Fawcett owned both portraits, citing a document of ownership the actress signed when the two prints were exhibited at the Andy Warhol Museum in Pittsburgh. University lawyers attempted to discredit O'Neal's ownership claims with footage from Fawcett's reality show and a "20/20" television segment documenting the creation of the portraits. But she also acknowledged no knowledge of who owned the artwork or how it was delivered. O'Neal's lawyers noted that Fawcett never said on camera that she owned both pieces of art. The case featured testimony from O'Neal and several of Fawcett's close friends, who testified the actress told them that one of the portraits belonged to O'Neal. The defense's expert said she had appraised the painting in 2009 and listed its fair market value at $800,000 to $1 million — nowhere near the $12 million figure given by the plaintiff's expert. Much as he does with the painting above his bed, O'Neal said he talks to Fawcett's grave: "Please get us out of this mess."
– A strange footnote to Farrah Fawcett's death has been settled in court: Ryan O'Neal can keep a large portrait that Andy Warhol made of her in 1980 and that now hangs over O'Neal's bed. A California jury ruled today that the silk screen on canvas belongs to him and not to the University of Texas at Austin, which had sued to obtain it, reports AP. Fawcett bequeathed her art collection to the school, but O'Neal took the painting from her condo after her death—with the permission of the trustee overseeing her belongings. (He and Fawcett were a longtime couple but never married.) As the LA Times explains in a previous story about the lawsuit, things got a little confusing because two of the portraits exist. The school already has one of them, and it sued O'Neal when it discovered that a near-identical one was hanging in his home. O'Neal maintains that Warhol always intended for him to have one of the two. "During Farrah's lifetime, she told her closest friends and she told the people who work for her a very simple fact: Ryan owned one portrait and Farrah owned another," O'Neal's attorney said in his closing statement earlier this week. The jury agreed.