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The University of Texas System Board of Regents has filed a lawsuit against actor Ryan O'Neal, alleging an Andy Warhol silkscreen portrait of late actress Farrah Fawcett in O'Neal's possession belongs to the UT System under provisions of Fawcett's living trust.

The portrait in question is one of two Warhol created and gifted to Fawcett, who bequeathed her artwork to the University of Texas in a living trust she established prior to her death in 2009. One of the two silkscreens now hangs in the UT-run Blanton Museum of Art in Austin.