Art@Law | Constantine Cannon
MO good news for the Baltic art scene: The Baltic contemporary art scene got a boost yesterday (18 October), when the €15m MO Museum, housing the 4,000-work private collection of Viktoras Butkus and his wife Danguole, opened in Vilnius, Lithuania.
19.10.2018, The Art Newspaper: MO good news for the Baltic art scene
Banksy’s Shredding Prank Misfired, He Says: ‘In Rehearsals It Worked Every Time’: As the $1.4 million artwork began passing through a shredder hidden in its frame, gasps were heard in the auction room. About halfway through, the shredding suddenly stopped, and the top portion of “Girl With Balloon” seemed to have been saved.
18.10.2018, The New York Times: Banksy’s Shredding Prank Misfired, He Says: ‘In Rehearsals It Worked Every Time’
18.10.2018, The Art Newspaper: Banksy video reveals shredding mechanism failed at Sotheby’s
Bringing a New Model to an Ancient City, Condo’s Compact Gallery-Share Initiative ‘Condo Unit’ Is Headed to Athens: As the art world continues to grumble on about big-box art fairs, the alternative gallery-share format continues its mitosis worldwide. As further art scenes grow hungrier for cost-effective ways to connect to institutions and collectors, the decentralized exhibition platform Condo has steadily expanded. Just this year, the initiative has debuted in Mexico City and Shanghai. Meanwhile a compacted version, cutely named Condo Unit, was inaugurated in São Paulo this spring. Next, the smaller format is coming to another dynamic and yet unlikely art location: Athens.
Can an increase in two-artist booths spur sales at Paris’s Fiac?: Single-artist displays are a mainstay of art fairs today, with many dealers keen to show their curatorial chops through comprehensive solo presentations. But two-person exhibitions are growing in popularity, with 11 duo exhibitions on show for the 45th edition of the Foire internationale d’art contemporain (Fiac) at the Grand Palais in Paris.
18.10.2018, The Art Newspaper: Can an increase in two-artist booths spur sales at Paris’s Fiac?
Clément Cogitore wins the Prix Marcel Duchamp, France’s leading contemporary art prize: Clément Cogitore has won the 18th edition of the Prix Marcel Duchamp, France’s leading contemporary art prize, worth €35,000, which was announced on Monday 15 October at the Centre Pompidou, Paris.
16.10.2018, The Art Newspaper: Clément Cogitore wins the Prix Marcel Duchamp, France’s leading contemporary art prize
Eric Albada Jelgersma’s Old Master collection estimated to make over £26m at Christie’s: Lack of supply may be the perennial lament of the Old Master market but this December, Christie’s will hold a two-day sale of the collection of Eric and Marie-Louise Albada Jelgersma, known for their Dutch and Flemish Golden Age paintings.
15.10.2018, The Art Newspaper: Eric Albada Jelgersma’s Old Master collection estimated to make over £26m at Christie’s
Stolen painting shown on BBC Antiques Roadshow in 1988 now held in limbo at Christie’s: A painting sold at Christie’s London earlier this year cannot be handed over to the buyer because the piece, Portrait of Mary Emma Jones (1874) by Emma Sandys, was stolen more than 30 years ago and is now at the centre of a legal tussle.
15.10.2018, The Art Newspaper: Stolen painting shown on BBC Antiques Roadshow in 1988 now held in limbo at Christie’s
The 2018 biennial Hugo Boss Prize goes to Simone Leigh: The jury is no longer out: Simone Leigh is the winner of the 2018 Hugo Boss Prize, the biennial award sponsored by the fashion company and administered by the Solomon R. Guggenheim Foundation. She was presented with the honour last night (18 October) at the Guggenheim Museum in New York.
19.10.2018, The Art Newspaper: The 2018 biennial Hugo Boss Prize goes to Simone Leigh
Sotheby’s to auction Kirchner and Kokoschka paintings returned to Jewish dealer’s heirs: Two paintings by Ernst Ludwig Kirchner and Oskar Kokoschka that have recently been restituted by museums to the heirs of the renowned Jewish art dealer Alfred Flechtheim are to be sold at Sotheby’s in New York on 12 November, a spokesman for the auction house says.
19.10.2018, The Art Newspaper: Sotheby’s to auction Kirchner and Kokoschka paintings returned to Jewish dealer’s heirs
Christie’s to offer major works from the Klapper collection that could fetch more than $50m: In three forthcoming sales in both New York and London, Christie’s will offer 20 works from the collection of the late New York couple Herbert and Adele Klapper. The auction house predicts that the collection, which is being offered without guarantees, will bring in more than $50m.
18.10.2018, The Art Newspaper: Christie’s to offer major works from the Klapper collection that could fetch more than $50m
Columbia University cancels talk with Saudi artist Ahmed Mater amid scrutiny over the kingdom’s cultural funding: A planned talk by the Saudi artist Ahmed Mater at Columbia University, due to take place on Monday (22 October), has been cancelled. The move comes amid growing scrutiny over the kingdom’s funding of cultural institutions in the US, following the brutal murder of the Washington Post journalist Jamal Khashoggi at the Saudi consulate in Turkey. “We will seek to find another time in the near future that is more conducive to the academic dialogue on campus that is the purpose of the lecture,” the university wrote in an email.
18.10.2018, The Art Newspaper: Columbia University cancels talk with Saudi artist Ahmed Mater amid scrutiny over the kingdom’s cultural funding
Met and Brooklyn Museums Will Not Use Saudi Money for Programs on the Middle East: The Metropolitan Museum of Art and the Brooklyn Museum said on Thursday that they would not use Saudi money for programs on Middle Eastern art that had originally been supported by groups tied to the Saudi government.
18.10.2018, The New York Times: Met and Brooklyn Museums Will Not Use Saudi Money for Programs on the Middle East
FBI: Sotheby’s Defrauded of $5 Million in Auction Scheme: NEW YORK — A fine art consultant in New York and an interior designer in Florida stole an elderly woman’s identity and used it to bid millions of dollars on famous paintings and defraud the renowned Sotheby’s auction house, federal prosecutors allege in court filings.
17.10.2018, The New York Times: FBI: Sotheby’s Defrauded of $5 Million in Auction Scheme
19.10.2018, Artnet: Identity Thieves Scammed Sotheby’s Out of $5 Million, the FBI Says
Gagosian to an Angry Collector Who Paid Millions for Jeff Koons Sculptures That Never Arrived: You Can’t Rush a Perfectionist: Expect delays and be patient. That’s the message mega-dealer Larry Gagosian has for billionaire collector and MoMA trustee Steven Tananbaum, who claims in a lawsuit that he’s been waiting years to receive three large-scale Jeff Koons sculptures for which he paid millions. The works have yet to arrive, according to the claim.
Michael Bloomberg Thinks Midsize Arts Nonprofits Can Change American Cities, and He’s Spending Over $100 Million to Prove It: Practically everyone in the art world understands the importance of small and midsize galleries to the arts ecosystem. This broad recognition explains why we’re now seeing more and more actions being taken to shore up these key players. Less discussed is the importance of small and midsize arts nonprofits to the same ecosystem—and beyond.
Trio of deaccessioned Georgia O’Keeffe paintings could make over $30m at Sotheby’s: Three paintings by the American Modernist Georgia O’Keeffe which have been deaccessioned by the Georgia O’Keeffe Museum in Santa Fe, New Mexico, will come to auction at Sotheby’s in New York this November. And, surprisingly, while two of them, A Street (1926) and Calla Lillies on Red (1928), will be in the contemporary art evening sale on 14 November, the third, Cottonwood Tree in Spring (1943), will be included in Sotheby’s American art auction on 16 November. None of the works are, as yet, guaranteed.
16.10.2018, The Art Newspaper: Trio of deaccessioned Georgia O’Keeffe paintings could make over $30m at Sotheby’s
Fair use or foul? An appropriation case involving Warhol raises an artistic debate in New York court: When is appropriation fair use and when is it foul? In a heated lawsuit, the Andy Warhol Foundation is asking a Manhattan federal court to “stay on the right side of history” and “reject” what it calls a photographer’s “effort to trample on the First Amendment and stifle artistic creativity”. For her part, Lynn Goldsmith, a celebrity and fine-art photographer, warns that a ruling in the Foundation’s favour “would give a free pass to appropriation artists” and destroy licensing markets for commercial photographers. Both combatants’ made their pleas in cross-motions for summary judgment filed Friday (12 October).
15.10.2018, The Art Newspaper: Fair use or foul? An appropriation case involving Warhol raises an artistic debate in New York court
Citing ‘rapidly developing’ ties, Russian fund will take art exhibition to Saudi Arabia: The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, announced today (19 October) that it would take an exhibition of art from St. Petersburg’s State Russian Museum to Saudi Arabia along with a delegation of Russian executives for Crown Prince Mohammed bin Salman’s Future Investment Initiative conference in Riyadh next week.
19.10.2018, The Art Newspaper: Citing ‘rapidly developing’ ties, Russian fund will take art exhibition to Saudi Arabia
At Hong Kong’s Latest Round of Auctions, Work by Western Artists Reached a New High: Although you could be forgiven for thinking otherwise, Banksy’s remote-controlled theatrics at Sotheby’s London weren’t the only auction developments worth tracking this month. A quick look at the data from Sotheby’s and Christie’s most recent fine art sales in Hong Kong suggest that the regional market for Asian and western works alike took a leap compared to Octobers past.
Climate Change Is Threatening Dozens of Cultural Treasures Around the Mediterranean, UNESCO Warns: UNESCO, the United Nations’ cultural preservation branch, warned on Tuesday that dozens of world heritage sites around the Mediterranean are threatened by rising sea levels, soil erosion, and other environmental dangers.
The 5 Biggest Myths About the Chinese Art Market—and the Inconvenient Realities That May Give Investors Pause: One morning at Sotheby’s Paris this June, an exquisitely detailed, painted Chinese porcelain vase from the 18th century—which had been discovered in a family attic in France and delivered to Sotheby’s in a shoe box—sparked a 20-minute bidding war before finally selling for €16.2 million ($18.7 million), more than 22 times its high estimate.
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