Why a Swiss gallery should return its looted Nazi art out of simple decency: Nazi loot carries a legacy of hate. The latest ownership dispute – over a Constable painting, claimed by the heirs of British Jews – reminds us that respect is at the heart of the restitution debate.
27.01.2016, The Guardian: Why a Swiss gallery should return its looted Nazi art out of simple decency
25.01.2016, International New York Times: Jewish Heirs Sue Swiss Museum to Recover Constable Painting
Switzerland to Finance Research Into Disputed Art: The Swiss government announced this week that it would spend almost $2 million to finance research to help museums to track down the ownership of art that may have been illegally taken by the Nazis during World War II. A four-year plan, under which researchers would receive grants up to $100,000, was announced Monday by federal culture officials. Their aim is to nudge museums to trace works with murky origins, a delicate issue in a country that became a hub for trading in confiscated works from Nazi and occupied territories.
26.01.2016, International New York Times: Switzerland to Finance Research Into Disputed Art
29.01.2016, The Art Newspaper: Switzerland puts up 2m SFr to track down Nazi loot in its museums
25.01.2016, Institute of Art and Law: Switzerland provides financial support to provenance research projects
Art Loss Register faces competition complaint from Art Recovery Group: The privilege of running a commercial database of the world’s stolen art is proving as intriguing and complex as some of the crimes committed. For the past 25 years, the task of keeping track of the millions of stolen or looted objects around the world has been taken on by the Art Loss Register (ALR). It provides a due diligence service to the art trade, insurers and—increasingly—private individuals. The latest twist in the tale is that Chris Marinello, who founded Art Recovery Group (ARG) in 2013, has reported the ALR—which he worked for between 2006 and 2013—to the UK’s Competition and Markets Authority. The ALR, which is run by Julian Radcliffe, has had a database since 1991.
26.01.2016, The Art Newspaper: Art Loss Register faces competition complaint from Art Recovery Group
28.01.2016, The Independent: Stolen art tracking companies ALR and ARG embroiled in ‘bizarre’ legal row
Tate director backs Art Fund’s call for UK export licence reform after Rembrandt fiasco: The Art Fund is set to halt all public fundraising campaigns to save works that are under threat of export from the UK. Stephen Deuchar, its director, tells The Art Newspaper: “If no changes to the present system are made, we do not see how we can, in all conscience, launch fundraising campaigns to save export-stopped works.” He adds: “People will only donate to a campaign if they know a work can actually be purchased at the end of it.”
29.01.2016, The Art Newspaper: Tate director backs Art Fund’s call for UK export licence reform after Rembrandt fiasco
Disruption in art market: Dealers turn auctioneers: If you can’t beat them, join them. British antique dealers are setting up their own auction website in competition with the auction houses – which have wooed away buyers with regular sales enhanced by attractive catalogues and easy internet bidding.
27.01.2016, AFR Weekend: Disruption in art market: Dealers turn auctioneers
Lost Polish painting tracked down: A painting by Polish artist Horacy Vernet (1789-1863) has been found in a collection once owned by an art expert who worked for Adolf Hitler. The oil-on-canvas painting depicts the 1813 death of Prince Marshal Józef Poniatowski at the battle in Leipzig. The painting is part of almost 1,400 artworks found in the apartment of Cornelius Gurlitt in Munich in 2012. Gurlitt is the son of dealer Hildebrand Gurlitt, who was assigned by Adolf Hitler to dispose of “degenerate art” confiscated by the Nazis during WWII.
25.01.2016, Thenews.pl: Lost Polish painting tracked down
The Spies-Ernst case: Art experts in France can breathe a sigh of relief: The discovery of the art forgery scandal perpetrated by Wolfang Beltracchi has given rise to a number of legal proceedings. The recent decision of the Court of Appeal of Versailles, involving art expert Werner Spies and a painting attributed to Max Ernst, is among them.
27.01.2016, Institute of Art and Law: The Spies-Ernst case: Art experts in France can breathe a sigh of relief
Knoedler fakes trial could be a game-changer for the art market: When the Knoedler gallery in New York closed in 2011 amid accusations that it had sold forged Abstract Expressionist paintings, the art world was shocked. But what are the implications of the unfolding scandal for other galleries and collectors? We may get some answers in the first trial arising from the case, which began in New York on 25 January.
25.01.2016, The Art Newspaper: Knoedler fakes trial could be a game-changer for the art market
25.01.2016, Artnet News: Potential Witnesses Revealed on First Day of the Knoedler Forgery Trial
25.01.2016, Artnet News: 8 Key Points to Know About the Knoedler Trial, Which Starts Today
27.01.2016, The Art Newspaper: Who is really to blame in the Knoedler fakes case?
27.01.2016, Artnet News: Sparks Fly at Knoedler Trial as Defrauded Buyer of Fake Rothko Painting Takes Stand
27.01.2016, Artnet News: Richard Diebenkorn’s Daughter Challenges Ann Freedman’s Story at Knoedler Forgery Trial
28.01.2016, The Art Newspaper: Top US collector takes the stand in Knoedler trial
29.01.2016, Artnet News: How the Knoedler Lawsuit Transformed a ‘Sublime’ Rothko Into Junk
Sotheby’s Announces Significant Losses in Its Historic Taubman Sale: Sotheby’s announced an estimated $12 million loss in the fourth quarter of 2015 as a result of the A. Alfred Taubman sale, according to a January 22 conference call with investors. The sale famously included a $500 million guarantee payed to Taubman’s heirs in order to secure the impressive art collection of the auction house’s former owner.
25.01.2016, Artnet News: Sotheby’s Announces Significant Losses in Its Historic Taubman Sale
27.01.2016, International New York Times: Sotheby’s Narrows Its Loss in Final All-Taubman Sale
Can Artwork Affect My Estate?: A recent Tax Court case highlights some of the issues faced by estates that own valuable artwork and the need to account for artwork as part of estate planning and estate administration. Artwork is an important aspect of estate planning and administration because artwork can affect the estate’s overall value, and can result in substantial estate or inheritance taxes.
27.01.2016, The National Law Review: Can Artwork Affect My Estate?
A Widespread Chill in Art Sales: The art market appears to be entering its cooling-off period. For the past six years, an influx of newly wealthy collectors—particularly from China—has pushed up prices for everything from Ming vases to Claude Monet, but now there are signs that the bidding paddles could come down hard.
28.01.2016, The Wall Street Journal: A Widespread Chill in Art Sales
28.01.2016, The Wall Street Journal: Art Sales Are Slowing Down
Christie’s and Sotheby’s battle for the middle market: The risks for auction houses doing business at the top end of the art market look set to outweigh the rewards this year as the fierce competition for record-breaking works vies with wider economic uncertainty. Higher-volume, lower-priced business in the middle market could be the saleroom mantra for 2016.
29.01.2016, The Art Newspaper: Christie’s and Sotheby’s battle for the middle market
Indonesia’s First Modern and Contemporary Art Museum to Open in 2017: The first museum in Indonesia dedicated to international modern and contemporary art is scheduled to open in early 2017 in the capital, Jakarta. The private institution will be called the Museum MACAN, for Museum of Modern and Contemporary Art in Nusantara, an Indonesian term for archipelago. It is being built and financed by the Indonesian businessman and collector Haryanto Adikoesoemo.
25.01.2016, International New York Times: Indonesia’s First International Modern Art Museum to Open in 2017
Forgery rumors, suspicions rock Korean art community: The Korean art world has been engulfed in a scandal involving rumors and suspicions surrounding allegedly forged works of Lee U-fan, a leading Korean artist on the international art scene.
27.01.2016, The Korea Herald: Forgery rumors, suspicions rock Korean art community
Why the Coming Avalanche of Cuban Art Is Good News for the Art World: Starting with Barack Obama’s announcement last December that relations between the US and Cuba would be normalized, more Americans traveled to Cuba than at any time since the revolution took place in 1959. Since then, there has been a flood of announcements stateside for upcoming Cuba-related events, panels and exhibitions.
22.01.2016, Artnet News: Why the Coming Avalanche of Cuban Art Is Good News for the Art World
Egyptian Museum Officials Face Tribunal for Damaging King Tutankhamen’s Mask: Eight Egyptian museum officials are to face a disciplinary tribunal for their role in a botched repair job that caused lasting damage to the famed golden burial mask of King Tutankhamen, one of the country’s most prized artifacts, the country’s administrative prosecutor has said.
24.01.2016, International New York Times: Egyptian Museum Officials Face Tribunal for Damaging King Tutankhamen’s Mask
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