6 August 2021

Art@Law | Constantine Cannon

Europe

Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 Statutory Instrument 2022: The UK government is seeking views on amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. These amendments will allow the government to make some time-sensitive updates to the MLRs, which are required to ensure that the UK continues to meet international standards set by the Financial Action Task Force, whilst also strengthening and ensuring clarity on how the anti-money laundering regime operates, following feedback from industry and supervisors on the implementation of the Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020. The consultation closes at 11:45pm on 14 October.

2021. 22.07.2021, Gov.uk: Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 Statutory Instrument 2022

Dutch man faces trial over failed robbery of Roman coin collection in Germany: A Dutch man is currently facing attempted robbery charges for the failed theft of ancient Roman coins from one of Germany’s largest archeological museums.

03.08.2021, Art News: Dutch man faces trial over failed robbery of Roman coin collection in Germany

U.K. judge overturns controversial plan to build tunnel near Stonehenge: A British court has overturned plans for a $2.4 billion highway project near Stonehenge, saying that the roadway was unlawful because it could damage the World Heritage site.

02.08.2021, Art News: U.K. judge overturns controversial plan to build tunnel near Stonehenge

30.07.2021, The Art Newspaper: Controversial Stonehenge tunnel is unlawful, High Court rules

31.07.2021, BBC News: Stonehenge tunnel campaigners win court battle

Socialite art collector jailed in U.K. for Kusama Pumpkin fraud: A German art collector was sentenced to three and a half years in prison less time she’d already served after admitting to an art fraud involving the fake sale of a $1.3 million yellow pumpkin sculpture by Yayoi Kusama.

29.07.2021, Bloomberg: Socialite art collector jailed in U.K. for Kusama Pumpkin fraud

29.2021, Art News: German socialite jailed for theft in fraudulent sale of Kusama sculpture

30.07.2021, The Art Newspaper: Former dealer Angela Gulbenkian is sentenced to three and a half years for defrauding art clients

United States

Digging into a dispute over a company entrusted with art: The Artist Pension Trust was created to pool, store and sell the works of painters and sculptors. After it drew complaints from many of those clients, two reporters set out to learn more.

04.08.2021, The New York Times: Digging Into a Dispute Over a Company Entrusted With Art

Safani Gallery’s lawsuit against Italy over disputed antiquity dismissed in court: A Manhattan gallery’s lawsuit contesting the seizure and return of an ancient bust of Alexander the Great (around 300BC) has been dismissed, after a New York judge ruled in Italy’s favour.

04.08.2021, The Art Newspaper: Safani Gallery’s lawsuit against Italy over disputed antiquity dismissed in court

Douglas Chrismas arrested for allegedly embezzling over $260,000 from Ace Gallery’s bankruptcy estate: The Los Angeles art dealer Douglas Chrismas has been arrested on federal charges which allege he embezzled over $260,000 from the bankruptcy estate of Ace Gallery, which he founded in 1967. He was fired from the gallery in 2016 following a host of allegedly fraudulent money transfers and complaints by artists that he may have stolen or hidden works of art during the gallery’s 2013 Chapter 11 bankruptcy case.

29.07.2021, The Art NewspaperDouglas Chrismas arrested for allegedly embezzling over $260,000 from Ace Gallery’s bankruptcy estate

29.07.2021, The New York Times: Ace Gallery founder arrested on embezzlement charges

Murals at San Francisco school should stay for now, judge says: A California court this week ruled that Works Progress Administration frescoes depicting the life of George Washington cannot be removed from a local high school without an environmental review, thwarting the San Francisco Board of Education’s plans to cover up the hotly debated artwork.

29.07.2021, The New York Times: Murals at San Francisco school should stay for now, judge says 

World

Dealer admits to marketing fraudulent Indigenous wood carvings to Canadian museums and galleries: A Canadian dealer has admitted to selling fraudulent Indigenous art to various museum shops and other art businesses in British Columbia after the works raised suspicion within Indigenous communities. The Museum of Anthropology at the University of British Columbia and the Audain Art Museum, both in Vancouver, are among the institutions that carried works by “Harvey John”, a purported Haida artist and member of the Nuu-Chah-Nulth Nation. The cedar wood carvings were valued at $500 to $5,000.

29.07.2021, The Art Newspaper: Dealer admits to marketing fraudulent Indigenous wood carvings to Canadian museums and galleries

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