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Art BusinessArt InsuranceBuy art

Online art market sales reach $4.22 billion – up 12%

A slower pace of growth as new challenges and opportunities emerge    The sixth annual Hiscox Online Art Trade Report, published today, reveals an online art market worth an estimated $4.22 billion – up 12% in 12 months. While still a solid year on year increase, this was lower than the …

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Art FinanceArt Lending

Griffin Art Partners lending platform launches

Aude Lemogne and Aymeric Thuault founders and directors of Link Management, a Luxembourg based art advisory, have launched a new art lending platform in partnership with Swiss bank Reyl Group. Griffin Art Partners plans to provide bespoke finance solutions for high-end collectors and art professionals through securitisation of non-recourse loans …

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Art Lending

Falcon Fine Art Complete deal in Belgium

Falcon Fine Art has completed a deal with a collector in Belgium. The Belgian collector chose to leverage artworks that were already in storage, between exhibitions, demonstrating the role art financing can play in monetizing an asset that, without a sale, would otherwise provide little short-term value. The deal leverages …

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Art FinanceNews

Falcon Fine Art add new Business Development Manager

Guy Vaissière former Sotheby’s business director has joined Falcon Fine Art as a Business Development Manager. The new appointment has been made to drive continued growth and build brand presence. Guy will be responsible for maintaining existing client relationships, driving growth and building brand presence. Before Vatissière joined Falcon Fine …

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Art Law

BonelliErede launch Art and Cultural Property Team

Italian law firm BonelliErede have launched a new art and cultural property team. The decision was made to meet the growing demand for services in this area,  and will bring together a focussed group of BonelliErede professionals who have a past experience and a proven reputation in advising international art galleries, auction houses, …

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Art RestitutionNews

Art Recovery Group recover colombian artefact from London Auction House

Art Recovery Group have recovered an indigenous Colombian artefact 80 years after it dissappeared. The ceramic sculpture was offered for sale at a London auction house earlier this year, after almost a century missing. It was last catalogued in a museum in Cartagena, Colombia  in 1939 before disappearing inexplicably, and …

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News

Unbolted & Forum Auctions offer new finance facility

Auction house Forum Auctions has teamed up with financier Unbolted to create a new finance facility. A collector bought a Shakespeare first folio worth £850,000 as the first deal using the services. The new innovative liquidity facility allows buyers to combine asset-backed loans with auction advances to bring a greater …

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Art Law

Venable LLP Launches Art Law Practice

Venable has launched a new Art Law Practice Group. The art law group will have an emphasis on artist representation, collector counseling, art licensing, artist and collector estate planning, charitable donations of art, taxes (including sales/use taxes and 1031 free exchange), and business representation of galleries, dealers, appraisers, and agents. …

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Art LawNews

New law firm Amineddoleh & Associates launches

Art lawyer Leila Aminedolleh has founded new law firm Amineddoleh & Associates, which will focus on art law and intellectual property law. Based in the New York city, Amineddoleh & Associates LLC will be a full-service law firm, providing legal services to individuals and businesses throughout the world. With an …

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Art BusinessArt FairsArt FinanceBuy art

The dealers at Masterpiece – an interview with Steven Beale, Trinity House and Dario Mottola, Scultura Italiana

Masterpiece is arguably the biggest date in the UK art lover’s diary. Of course, the 2016 fair coincided with another key date, occurring in the direct aftermath of Britain’s historic “Leave” vote in the EU referendum. Tim Hunter, Vice President of art financier Falcon Fine Art, takes the temperature at …

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