artatlawadmin

The Ivory Act 2018: Consultation on the guidance and implementation – final chance to have your say!

by artatlawadmin
16/03/202125/03/2021

On 9 March 2021, the Department for Environment, Food & Rural Affairs (“DEFRA”) released a long-awaited consultation on the implementation of the Ivory Act 2018… Read More »The Ivory Act 2018: Consultation on the guidance and implementation – final chance to have your say!

An opportunity for the UK to acknowledge that in the 21st century, video and light art installations can be imported as works of art

by artatlawadmin
23/02/202126/02/2021

The answer to the question “what is art?” has evolved over time to reflect the reality that art takes a multitude of forms. The law… Read More »An opportunity for the UK to acknowledge that in the 21st century, video and light art installations can be imported as works of art

The Art Market is Susceptible to Whistleblower Claims. Is it Paying Attention?

by artatlawadmin
15/02/202123/02/2021

“Secretive”, “opaque”, “unscrupulous”, “shady” and “tailor-made for money laundering” are just some of the ways in which the art market is described in the press.[1] … Read More »The Art Market is Susceptible to Whistleblower Claims. Is it Paying Attention?

EU Commission proposes new rules to ban trade in ivory

by artatlawadmin
04/02/202111/02/2021

On 28 January 2021, the European Commission published a draft regulation and guidance to ban the EU trade in ivory, subject to limited exceptions. Both… Read More »EU Commission proposes new rules to ban trade in ivory

Should You Care About Competition Law?

by artatlawadmin
04/02/202104/02/2021

More than twenty years ago, the well-publicised EU and US antitrust cases involving Christie’s and Sotheby’s caused waves in the international art market. In this… Read More »Should You Care About Competition Law?

Boost for galleries in relation to COVID-related insurance pay-outs

by artatlawadmin
04/02/202104/02/2021

On 15 January 2021, the Supreme Court handed down judgment in the Covid-19 Business Interruption Insurance (“BII”) test case of The Financial Conduct Authority v… Read More »Boost for galleries in relation to COVID-related insurance pay-outs

RICS Valuation Conference 2020: Commissions in Art Transactions

by artatlawadmin
01/02/202103/02/2021

In March 2020, Azmina Jasani spoke at the RICS Valuation Conference in London on the topic of commissions in art transactions, flagging the difference between… Read More »RICS Valuation Conference 2020: Commissions in Art Transactions

New York art dealers charged with fabricating provenance information and impersonating deceased collectors

by artatlawadmin
18/01/202125/01/2021

On 22 September 2020, Erdal Dere and Faisal Khan of Fortuna Fine Arts Ltd (‘Fortuna’) in New York were arrested. They are alleged to have… Read More »New York art dealers charged with fabricating provenance information and impersonating deceased collectors

US Federal Court Rules “Covid-19 Pandemic is a Natural Disaster”

by artatlawadmin
15/01/202125/01/2021

Finding in favour of Phillips Auctioneers LLC, Hon. Denise Cote of the Southern District of New York dismissed JN Contemporary Art LLC’s complaint against Phillips,… Read More »US Federal Court Rules “Covid-19 Pandemic is a Natural Disaster”

Museums and deaccessioning during the Covid-19 pandemic

by artatlawadmin
05/01/202125/01/2021

Issues around deaccessioning run to two fundamental and related questions: what are museums for and what does the term “public collection” mean? Is a public… Read More »Museums and deaccessioning during the Covid-19 pandemic

Equity v Market Custom: High Court Orders Disclosure about Signac Painting

by artatlawadmin
17/12/202026/01/2021

In a recent decision (Hickox v Dickinson[1]), the London High Court called into question the sanctity of the art market’s long-standing tradition of confidentiality. The… Read More »Equity v Market Custom: High Court Orders Disclosure about Signac Painting

Constantine Cannon’s Art & Cultural Property Law Group Recognised as a Band 1 Leading Practice in Chambers UK 2021 Guide

by artatlawadmin
28/10/202028/10/2020

We are delighted to announce that Constantine Cannon has been recognised as a Band 1 law firm for its distinguished Art & Cultural Property Law… Read More »Constantine Cannon’s Art & Cultural Property Law Group Recognised as a Band 1 Leading Practice in Chambers UK 2021 Guide

FCA Business Interruption Test Case: are you covered?

by artatlawadmin
13/10/202021/10/2020

In our previous blog article, we discussed the implications of the FCA Business Interruption test case on art market participants. This article is directed at… Read More »FCA Business Interruption Test Case: are you covered?

Economic Crime Levy – a significant blow for the British art market on the horizon?

by artatlawadmin
09/10/202025/01/2021

Earlier this year the Chancellor unexpectedly announced the Government’s intention to impose an anti-money laundering levy on banks, insurance companies, law firms and all other… Read More »Economic Crime Levy – a significant blow for the British art market on the horizon?

The taxman’s preference on insolvency returns to England and Wales: things that art lenders should know (and borrowers too)

by artatlawadmin
09/10/202009/10/2020

Finance Act 2020 reintroduces Crown preference in an insolvency – in respect of some taxes Following Royal Assent in the summer of 2020, the Finance… Read More »The taxman’s preference on insolvency returns to England and Wales: things that art lenders should know (and borrowers too)

Galleries to qualify for COVID pay-out from insurers

by artatlawadmin
23/09/202009/10/2020

On 15 September 2020, the High Court handed down judgment in the COVID-19 Business Interruption Insurance test case brought by the FCA. Policies under review… Read More »Galleries to qualify for COVID pay-out from insurers

The Goods Mortgages Bill – A Major Reform of the Bills of Sale Acts

by artatlawadmin
19/08/202008/10/2020

In February 2020, Lord Stevenson of Balmacara sponsored the Goods Mortgages Bill as a Private Member’s Bill starting in the House of Lords. This followed… Read More »The Goods Mortgages Bill – A Major Reform of the Bills of Sale Acts

Ivory Act: UK Supreme Court rejects application to appeal

by artatlawadmin
12/08/202009/10/2020

On 30 July 2020, the UK Supreme Court rejected the application made by the Friends of Antique Cultural Treasures Ltd (“FACT”) for permission to further… Read More »Ivory Act: UK Supreme Court rejects application to appeal

The Supreme Court considers the issue of Garden Ornaments under the Listed Buildings regime

by artatlawadmin
10/06/202008/10/2020

On 20 May 2020, the Supreme Court of the UK handed down a judgment considering the categorisation as “listed buildings” of a pair of early… Read More »The Supreme Court considers the issue of Garden Ornaments under the Listed Buildings regime

Q&A – Can I use client funds to pay business expenses?

by artatlawadmin
26/05/202008/10/2020

Question: I have sold a painting on consignment, I have received payment from the buyer and I would like to delay paying the seller and… Read More »Q&A – Can I use client funds to pay business expenses?

Directive on Copyright in the Digital Single Market

by artatlawadmin
26/05/202009/10/2020

Much has been written about the controversial Directive (EU) 2019/790 of the European Parliament and of the Council of 17 April 2019 on copyright and… Read More »Directive on Copyright in the Digital Single Market

Court of Appeal hands down judgment in the Ivory Act Judicial Review

by artatlawadmin
19/05/202008/10/2020

The Court of Appeal of England and Wales has handed down a judgment in the judicial review proceedings brought by a group of antique dealers and collectors (Friends of Antique Treasures Limited, or “FACT”) against the Ivory Act 2018 (the “Act”), one of the world’s toughest bans.

Debate over Raphael Loan Leads Entire Scientific Committee of Uffizi Gallery to Resign

by artatlawadmin
15/05/202009/10/2020

Facts In February, the scientific committee of the Uffizi[1] resigned en masse. They objected to the director’s decision to loan Raphael’s portrait of Pope Leo… Read More »Debate over Raphael Loan Leads Entire Scientific Committee of Uffizi Gallery to Resign

Jeff Koons – A creative process under scrutiny

by artatlawadmin
15/05/202009/10/2020

In recent years, artworks by appropriation artist Jeff Koons have come under scrutiny in French courts. In 2018, the High Court of Paris ordered Jeff… Read More »Jeff Koons – A creative process under scrutiny

Force Majeure and Covid-19

by artatlawadmin
15/05/202008/10/2020

Around mid-March 2020, the potential buyer of an impressionist artwork asked our client, the seller, to ship the work from the United Kingdom to the… Read More »Force Majeure and Covid-19

Anti-Money Laundering – What has changed

by artatlawadmin
13/05/202009/10/2020

Introduction On 10 January 2020, the Money Laundering and Terrorist Financing (Amendment) Regulations 2019 (Regulations 2019) came into force in the United Kingdom. Regulations 2019… Read More »Anti-Money Laundering – What has changed

Q&A – Raising cash against stock when cash is in short supply

by artatlawadmin
13/05/202010/10/2020

Question: I need liquidity and I am looking at taking out a loan against my stock, what are my options and what do I need… Read More »Q&A – Raising cash against stock when cash is in short supply

Q&A – Staffing and managing costs

by artatlawadmin
23/04/202010/10/2020

Question: Salaries are a significant overhead and I am looking for ways to look after and retain staff, whilst also protecting the business for the… Read More »Q&A – Staffing and managing costs

Q&A – Price renegotiation

by artatlawadmin
21/04/202010/10/2020

Question: I have sold a painting but because of Covid-19, the buyer wants to renegotiate the price. Must I accept a lower price? Can I… Read More »Q&A – Price renegotiation

Q&A – Shipper – insolvency

by artatlawadmin
21/04/202008/10/2020

Question: I have stock stored at a fine art shipper in England and I am concerned that they might go into administration. What happens to… Read More »Q&A – Shipper – insolvency

Q&A – Selling online

by artatlawadmin
21/04/202010/10/2020

Question: My gallery space is shut and I want to start selling my stock online or via email. What rules do I need to keep… Read More »Q&A – Selling online

Q&A – Delayed Delivery

by artatlawadmin
21/04/202010/10/2020

Question: I have completed the sale of a painting except that I cannot deliver it to the buyer by the agreed date because I cannot… Read More »Q&A – Delayed Delivery

Q&A – Delayed payment

by artatlawadmin
17/04/202010/10/2020

Question: I am a dealer and have sold a valuable artwork from stock. Payment was due last week. The client says that he cannot pay… Read More »Q&A – Delayed payment

Q&A – Loan to an exhibition

by artatlawadmin
17/04/202008/10/2020

Question: I have lent a valuable painting to a museum in Europe. Due to Covid-19, the museum has temporarily shut its doors without any firm… Read More »Q&A – Loan to an exhibition

Q&A – Frustration

by artatlawadmin
17/04/202008/10/2020

Question: Can I suspend or cancel a contract concluded before Covid-19 became a pandemic and that I cannot perform in the current climate? Answer: The… Read More »Q&A – Frustration

Q&A – Force Majeure

by artatlawadmin
17/04/202010/10/2020

Question: I hear that one can rely on ‘Force Majeure’ as a way out of a contract. What is ‘Force Majeure’ and how does it… Read More »Q&A – Force Majeure

Q&A – Tenancy, rent & business rates

by artatlawadmin
17/04/202008/10/2020

Question: I will struggle paying rent and rates in the foreseeable future. Can I suspend making payments? What is the risk that I shall forfeit… Read More »Q&A – Tenancy, rent & business rates

Ivory Act UK: High Court Judgment and Permission to Appeal

by artatlawadmin
16/12/201906/11/2020

After one of the world’s toughest bans on ivory trade received Royal Assent in the UK late last year, a group of antique dealers and… Read More »Ivory Act UK: High Court Judgment and Permission to Appeal

Eleven action points proposed for better implementation of Washington Principles

by artatlawadmin
09/12/201908/10/2020

On 15 November 2019, the Special Advisor for Holocaust Issues to the US government, Ambassador Stuart E. Eizenstat, delivered a keynote speech at the French… Read More »Eleven action points proposed for better implementation of Washington Principles

The Ferrari 250 GTO is a work of art, says Italian Court

by artatlawadmin
25/10/201910/10/2020

In September 2018, Ares Design Modena S.r.l. (“Ares”), a Modena-based coachbuilder, announced that it would produce and commercialise a modern replica of the Ferrari 250… Read More »The Ferrari 250 GTO is a work of art, says Italian Court

Double Agents

by artatlawadmin
10/10/201910/10/2020

The Court of Appeal recently handed down judgment in the case of Prince Eze v Conway,[1] another case on agents and secret commissions. The case… Read More »Double Agents

New association for catalogue raisonné creators ‘will help stem flow of art fakes onto the market’

by artatlawadmin
01/07/201908/10/2020

The International Catalogue Raisonné Association (ICRA) will launch on Monday, July 1 at the Royal Academy in London. ICRA is the brainchild of its board,… Read More »New association for catalogue raisonné creators ‘will help stem flow of art fakes onto the market’

Constantine Cannon LLP are delighted to announce the launch of ICRA in London on 1 July 2019.

by artatlawadmin
25/06/201908/10/2020

ICRA is a not-for-profit, membership-based association whose mission is to support all those working on catalogue raisonné projects including artists, representatives of artists’ estates, academics,… Read More »Constantine Cannon LLP are delighted to announce the launch of ICRA in London on 1 July 2019.

A New Wave of Cultural Restitution

by artatlawadmin
13/06/201910/10/2020

In November 2018, scholars Felwine Sarr and Bénédicte Savoy published a report commissioned by the French President, Emmanuel Macron, entitled The Restitution of African Cultural… Read More »A New Wave of Cultural Restitution

Acting in Good Faith?

by artatlawadmin
13/06/201910/10/2020

Cassirer v Thyssen-Bornemisza – Latest US Ruling Upholds Spanish Museum’s Ownership of a Pissarro Painting yet invites Spain to respect the Washington Principles We return… Read More »Acting in Good Faith?

Adoption of the Regulation on the Import of Cultural Goods: Start Preparing Now!

by artatlawadmin
13/06/201908/10/2020

As reported in a prior blog, the EU is looking to tackle the trade in illicit cultural goods by introducing import controls at EU borders.… Read More »Adoption of the Regulation on the Import of Cultural Goods: Start Preparing Now!

25th Anniversary

by artatlawadmin
15/04/201908/10/2020

CONSTANTINE CANNON LLP CELEBRATES 25TH ANNIVERSARY With offices in four cities, this law firm is home to among the most prominent practices in Antitrust, Whistleblower,… Read More »25th Anniversary

Banksy’s (visual) protest brought to Court in Italy

by artatlawadmin
22/03/201908/10/2020

Pest Control Office Limited (the company acting on behalf of the artist Banksy) has recently sued 24 Ore Cultura S.r.l. (part of the 24 Ore… Read More »Banksy’s (visual) protest brought to Court in Italy

Artist’s Resale Right in France: A new decision

by artatlawadmin
20/03/201908/10/2020

The French Supreme Court has put an end to an eight year-long legal battle over the payment of the artist’s resale royalty in France. The… Read More »Artist’s Resale Right in France: A new decision

DCMS Consultation on National Treasures: Final Chance To Have Your Say!

by artatlawadmin
20/02/201908/10/2020

At the end of 2018, the Department for Digital, Culture, Media & Sport (DCMS) opened a consultation on the proposed changes that would introduce a… Read More »DCMS Consultation on National Treasures: Final Chance To Have Your Say!

The Proposed EU Regulations on the Import of Cultural Goods

by artatlawadmin
15/01/201908/10/2020

2018 was the European Year of Cultural Heritage, during which the EU pledged to take action to stem the illicit trafficking of cultural goods both… Read More »The Proposed EU Regulations on the Import of Cultural Goods

Christie’s Gets a Slap on the Wrist from the Advertising Standards Authority

by artatlawadmin
15/01/201908/10/2020

A recent ruling by the Advertising Standards Authority (ASA) reminds auctioneers that estimates in auction catalogues must make clear that charges apply in addition to… Read More »Christie’s Gets a Slap on the Wrist from the Advertising Standards Authority

Architect of Washington Principles takes stock

by artatlawadmin
08/01/201910/10/2020

On 26-28 November 2018, Germany hosted a conference to mark the 20th anniversary of the Washington Principles. Twenty years earlier, 44 governments had participated in… Read More »Architect of Washington Principles takes stock

The export office of the City of Bologna revokes the export licence granted for a portrait of Camillo Borghese by Gérard

by artatlawadmin
21/11/201809/10/2020

The export office of the City of Bologna has recently attracted media attention following the revocation of an export licence granted for a portrait of… Read More »The export office of the City of Bologna revokes the export licence granted for a portrait of Camillo Borghese by Gérard

Preserving the Œuvre: The Significance of Catalogues Raisonnés

by artatlawadmin
21/11/201808/10/2020

What is a Catalogue Raisonné? The purpose of a catalogue raisonné is to record all known artworks by an artist and to provide information such… Read More »Preserving the Œuvre: The Significance of Catalogues Raisonnés

New Anti-Money Laundering Regulations Target the Art Market

by artatlawadmin
18/09/201810/10/2020

Anti-money laundering laws in the UK are largely outlined in the Money Laundering Regulations 2017 (“Regulations 2017”)[1]. The Regulations 2017, which came into force on… Read More »New Anti-Money Laundering Regulations Target the Art Market

The Piero Manzoni Foundation and the destruction of 39 works

by artatlawadmin
18/09/201808/10/2020

A few months ago, the Piero Manzoni Foundation published a video showing the destruction of 39 alleged forgeries that were attributed to Piero Manzoni by… Read More »The Piero Manzoni Foundation and the destruction of 39 works

New York Court Dismisses Claims Against Agnes Martin Authentification Committee

by artatlawadmin
19/06/201812/10/2020

On 5 April 2018, a New York State court dismissed a complaint filed by the Mayor Gallery, a London-based art dealer, against Agnes Martin Catalogue… Read More »New York Court Dismisses Claims Against Agnes Martin Authentification Committee

Another small step towards a liberalisation of Italian export controls

by artatlawadmin
16/02/201808/10/2020

Following last summer’s amendments to the Italian export legal framework (see our blog of 27 September 2017), additional changes to the export licensing process have… Read More »Another small step towards a liberalisation of Italian export controls

Data protection reform brings significant risk to UK art businesses

by artatlawadmin
06/10/201708/10/2020

For businesses in the art sector and beyond, legal compliance is becoming increasingly crucial, as infringements have the potential to undermine the very survival of… Read More »Data protection reform brings significant risk to UK art businesses

Cassirer v Thyssen-Bornemisza: California Court revives claim to Pissarro yet again

by artatlawadmin
28/09/201708/10/2020

Like so many court cases dealing with claims to Nazi-looted art, the Cassirer v Thyssen-Bornemisza case has placed much emphasis on the following questions: Which… Read More »Cassirer v Thyssen-Bornemisza: California Court revives claim to Pissarro yet again

A (very) small step towards a liberalisation of Italian export controls

by artatlawadmin
27/09/201708/10/2020

Traditionally considered among the strictest in Europe, Italian export regulations have just been amended following an almost three-year debate. The discussion on the reasons for the… Read More »A (very) small step towards a liberalisation of Italian export controls

The UK Money Laundering Regulations 2017: key changes and impact for art businesses

by artatlawadmin
04/07/201708/10/2020

Introduction The UK Money Laundering Regulations 2017 (“Regulations 2017”) which implement the EU’s Fourth Money Laundering Directive (“4MLD”) came into force on 26 June 2017,… Read More »The UK Money Laundering Regulations 2017: key changes and impact for art businesses

The Regulation of the Art Trade for Anti-Money Laundering in the EU

by artatlawadmin
28/06/201708/10/2020

Certain types of businesses fall within the regulated sector for EU anti-money laundering, such as banks, wider financial institutions, law firms, accountancy businesses and estate… Read More »The Regulation of the Art Trade for Anti-Money Laundering in the EU

An Italian story of bad luck and lack of diligence

by artatlawadmin
06/06/201708/10/2020

In a recent judgment, a Milan Court rejected a claim for the loss of value of a sculpture loaned by an Italian public entity to… Read More »An Italian story of bad luck and lack of diligence

Faithless Servants and the Law: Fine Art Dealers Beware

by artatlawadmin
06/06/201708/10/2020

On 27 February 2017, a New York State Court[1] held that Lisa Jacobs, a fine art dealer and private curator, breached the fiduciary duties she… Read More »Faithless Servants and the Law: Fine Art Dealers Beware

Appropriation Art Takes Another Hit in European Courts

by artatlawadmin
09/05/201708/10/2020

On 9 March 2017, a French High Court held that a 1988 sculpture by appropriation artist Jeff Koons, Naked, infringed on the copyright of the… Read More »Appropriation Art Takes Another Hit in European Courts

The UK Competition and Markets Authority opens an investigation into auction services

by artatlawadmin
16/12/201608/10/2020

On 22 November 2016, the UK Competition and Markets Authority (CMA) launched an initial investigation into suspected anti-competitive practices in relation to the supply of… Read More »The UK Competition and Markets Authority opens an investigation into auction services

Series on Art Restitution – Nazi Looted Art

by artatlawadmin
07/12/201608/10/2020

Introduction The field of art restitution generally concerns itself with artworks that were confiscated or seized from, forcibly sold by, or otherwise lost by their… Read More »Series on Art Restitution – Nazi Looted Art

Series on Art Restitution – Bolshevik Looted Art

by artatlawadmin
07/12/201608/10/2020

Introduction The field of Art Restitution generally concerns itself with artworks that were confiscated or seized from, forcibly sold by, or otherwise lost by the… Read More »Series on Art Restitution – Bolshevik Looted Art

Series on Art Restitution – Stasi Looted Art

by artatlawadmin
07/12/201608/10/2020

Is this a rebellion? No Sir, this is a revolution

by artatlawadmin
06/12/201608/10/2020

It is said that when a messenger brought the news to Louis XVI that the Bastille had been taken, the monarch asked: is this a… Read More »Is this a rebellion? No Sir, this is a revolution

The Tale of the Two Cranachs

by artatlawadmin
04/11/201608/10/2020

On 9 August 2016, a federal judge in the U.S. District Court of California summarily dismissed a lawsuit against the Norton Simon Museum brought by… Read More »The Tale of the Two Cranachs

Update – New German Export Provisions for the “Protection of Cultural Property” now in force

by artatlawadmin
29/09/201608/10/2020

Earlier this year we reported that Germany’s government was in the process of legislating to protect objects of national heritage and restrict their export from… Read More »Update – New German Export Provisions for the “Protection of Cultural Property” now in force

A new Guarantee Facility for the Culture and Creative Sectors

by artatlawadmin
22/07/201608/10/2020

On 30 June 2016, the European Commission and the European Investment Fund (EIF) launched a €121 million guarantee initiative, the “Cultural and Creative Sectors Guarantee… Read More »A new Guarantee Facility for the Culture and Creative Sectors

Spain: Competition Authority investigates Art Logistics Companies

by artatlawadmin
05/07/201608/10/2020

The Comisión Nacional de los Mercados y la Competencia (“CNMC”) is the independent authority in charge of both competition and regulatory matters in Spain. Its… Read More »Spain: Competition Authority investigates Art Logistics Companies

Brexit: the long road ahead

by artatlawadmin
29/06/201608/10/2020

Less than a week after the British EU Referendum, it is becoming increasingly obvious that the vote to “Leave” has settled nothing. This is because… Read More »Brexit: the long road ahead

De Sole v. Knoedler Gallery – A Field of Red Flags

by artatlawadmin
31/03/201608/10/2020

Last month, collectors Domenico and Eleanore De Sole settled their claims against the now defunct Knoedler Gallery and its former president and director, Ann Freedman.… Read More »De Sole v. Knoedler Gallery – A Field of Red Flags

Protecting national heritage or stifling the German Art Market?

by artatlawadmin
29/03/201608/10/2020

Since 1955, it has been possible for Germany’s 16 states to register on a list of objects of national cultural importance artworks that are considered… Read More »Protecting national heritage or stifling the German Art Market?

Switzerland revisits laws on anti-money laundering and terrorist financing

by artatlawadmin
25/02/201608/10/2020

Since 1 January 2016, art collectors and art businesses dealing in art, or storing art, in Switzerland must comply with new anti-money laundering and terrorist… Read More »Switzerland revisits laws on anti-money laundering and terrorist financing

Reform of Bills of Sale could offer a welcome boost to England’s Art Lending Market

by artatlawadmin
03/02/201608/10/2020

Lending against art is on the rise. In a survey conducted by Deloitte and ArtTactic for their Art and Finance Report 2014, 48% of collectors… Read More »Reform of Bills of Sale could offer a welcome boost to England’s Art Lending Market

The New Code of Ethics of the Museums Association

by artatlawadmin
22/01/201608/10/2020

In November 2015, the (UK) Museums Association approved a new version of the Code of Ethics for Museums. The Code is one of a series… Read More »The New Code of Ethics of the Museums Association

When it comes to business, a longstanding friendship will not save the day

by artatlawadmin
25/08/201508/10/2020

On 4 December 2014, Larry Gagosian won a protracted, hostile, and expensive court battle against his long-time friend and client Ronald Perelman. The dispute arose… Read More »When it comes to business, a longstanding friendship will not save the day

A New York State Bill Seeking to Protect Art Authenticators

by artatlawadmin
17/08/201508/10/2020

On 15 June 2015, the New York State Senate approved a bill, S1229A-2015 (the “Bill”) to amend New York Arts and Cultural Affairs Law (“NYACAL”)… Read More »A New York State Bill Seeking to Protect Art Authenticators

The pitfalls of selling art to consumers – Three short stories

by artatlawadmin
14/01/201508/10/2020

Off-Premises Sales: the Consumer Goes on an Excursion… At the Art Business Conference last September organised in London by Art Market Minds, a delegate asked… Read More »The pitfalls of selling art to consumers – Three short stories

Rothko Revisited

by artatlawadmin
17/12/201408/10/2020

Earlier this year, we wrote about the claim brought by Dallas art collector, Marguerite Hoffman, against three defendants, L&M Arts, Studio Capital and David Martinez.… Read More »Rothko Revisited

Changes to Copyright Exceptions

by artatlawadmin
07/11/201408/10/2020

As of 1 October 2014, three new exceptions to copyright infringement have come into force in the UK. The new exceptions affect the way in… Read More »Changes to Copyright Exceptions

Peggy Guggenheim – when the heirs and the foundation disagree

by artatlawadmin
07/11/201408/10/2020

Foundations are often established to manage large art collections after the death of the art collector. Unfortunately, the interests of the collector’s heirs do not… Read More »Peggy Guggenheim – when the heirs and the foundation disagree

The impact of new consumer protection on dealer and gallery sales

by artatlawadmin
11/06/201408/10/2020

New regulations aimed at protecting consumers come into force in the UK on 13 June 2014. The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations… Read More »The impact of new consumer protection on dealer and gallery sales

Expert opinion: a U-turn by the French Supreme Court

by artatlawadmin
11/06/201408/10/2020

French courtrooms are no strangers to disputes over the authenticity of artworks. Over the past 15 years, the French judiciary has repeatedly been called upon… Read More »Expert opinion: a U-turn by the French Supreme Court

The new UK payment surcharges regulations and their effect on art market transactions

by artatlawadmin
11/06/201408/10/2020

As part of the broader EU reform of consumer protection, the UK has implemented a number of legislative changes substantially strengthening consumer rights. One of… Read More »The new UK payment surcharges regulations and their effect on art market transactions

Considering the murky world of AIFMD and its impact on art fund managers

by artatlawadmin
17/04/201408/10/2020

In response to the perceived risk to investors and to the stability of the European financial market, the activities of alternative investment fund managers are… Read More »Considering the murky world of AIFMD and its impact on art fund managers

Changes in the law make auction rings easier to prosecute, but is the regulatory framework still fit for purpose?

by artatlawadmin
26/02/201408/10/2020

Art dealers regularly bid at auction in partnership with other art dealers. The law does not object to joint bidding provided that certain conditions are… Read More »Changes in the law make auction rings easier to prosecute, but is the regulatory framework still fit for purpose?

Artist’s Resale Right in France: The Economic Burden Revisited

by artatlawadmin
21/02/201408/10/2020

Over a period of seven months, the Paris Court of Appeal has reached two different decisions over whether Christie’s France can collect from the buyer… Read More »Artist’s Resale Right in France: The Economic Burden Revisited

The Price of Confidentiality

by artatlawadmin
14/02/201408/10/2020

When, in 2007, Marguerite Hoffman, a prominent Dallas art collector, decided to sell a major painting by Mark Rothko (Untitled, 1961), she insisted on confidentiality. … Read More »The Price of Confidentiality

Out of the Shadow of the Third Reich

by artatlawadmin
23/11/201308/10/2020

The discovery in a Munich flat of a hoard of over 1400 artworks acquired by Hildebrand Gurlitt in dubious circumstances during the Second World War… Read More »Out of the Shadow of the Third Reich

Online Trading – Art Dealers Beware

by artatlawadmin
23/11/201308/10/2020

An increasing number of dealers in art and antiques are making sales online. Whilst legal principles relevant to the sale of goods in person apply… Read More »Online Trading – Art Dealers Beware

Art Finance – Leaving the art on the borrower’s walls

by artatlawadmin
23/11/201308/10/2020

In Europe, banks and other specialist providers of loans against art, antiques and collectible items have often no choice but to take possession of the… Read More »Art Finance – Leaving the art on the borrower’s walls

Danger Ahead – Auctions Undermined by New Consumer Protection

by artatlawadmin
23/11/201308/10/2020

Under EU law, consumers buying goods from a trader at a distance, or from a trader face-to-face but outside the trader’s usual business premises, have… Read More »Danger Ahead – Auctions Undermined by New Consumer Protection

Borrowing Against Your Art

by artatlawadmin
12/09/201308/10/2020

Art collectors are often unable to display their entire collection in their homes. They keep part of it in storage, or they lend it to museums.… Read More »Borrowing Against Your Art

Trading with the Enemy

by artatlawadmin
12/09/201308/10/2020

International sanctions are actions taken by one country against another, either unilaterally or multilaterally. Their aim is to change the behaviour of the target country’s… Read More »Trading with the Enemy

The Destruction of Fakes

by artatlawadmin
12/09/201308/10/2020

The destruction of fakes at the behest of artist committees is a long standing practice in France. In two recent decisions both involving artworks signed… Read More »The Destruction of Fakes

The Recovery of Unlawfully Exported Cultural Property with the European Union – The European Commission has a Plan

by artatlawadmin
12/09/201308/10/2020

The European Commission has unveiled plans to strengthen the Restitution Directive. Council Directive 93/7 EEC on the return of cultural objects unlawfully removed from the… Read More »The Recovery of Unlawfully Exported Cultural Property with the European Union – The European Commission has a Plan

Import VAT and the Free Movement of Goods within the European Union

by artatlawadmin
12/09/201308/10/2020

The importation of goods into the European Union is subject to import VAT. The rate of import VAT varies from EU country to EU country.… Read More »Import VAT and the Free Movement of Goods within the European Union