Art Law

Sotheby’s settles shareholder claims

Most legal disputes involving art transactions are mediated. Very few make it to court and become visible. This is especially true with auction houses, which spend a lot of time getting their terms and conditions right. But it is always interesting to see what cases have made it into Sotheby’s …

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Art LawArt Restitution

Descendants sue Germany and Prussian Cultural Heritage Foundation for $250 million Welfenschatz

Descendants of a Jewish group of art dealers have sued the Germany government and the Prussian Cultural Heritage Foundation to ask them to return a collection of medieval works worth more than $250 million. The case concerns the so called Welfenschatz or Guelph Treasure that was owned by a group …

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Art CrimeArt RestitutionNews

Nazi looted Vlaminck Painting reaches amicable resolution

An amicable resolution has been reached between the rightful owners of Maurice de Vlaminck’s  ‘La Voile Blanche á Bougival’ (White Sales at Bougival) and the current owner. The Fauvist painting was taken in 1940 as part of the Nazi movement to confiscate ‘degenerate’ works of art from Jewish art dealers. …

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Art LawOpinion

Gambling with Cardsharps

Running an auction house is not easy. If someone approached you to invest in a business that would start each year with very little idea about what it would sell you would be dubious. And any business which relies on expert judgement caries big risks (Standard & Poor’s $1.8 billion …

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Art Restitution

Illegally circulated antiquities seized in Bulgaria

Sofia Globe has reported that Bulgaria has seized more than 2000 ancient and medieval artefacts, during major international operations supported by the European police agency Europol, were carried out to prevent the trafficking of European antiquities. Europol announced on 28 January that 35 individuals had been arrested, and that law enforcement authorities in 14 …

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Art Law

Thwaytes v Sotheby’s: Caravaggio’s Cardsharps?

The story behind the Caravaggio’s Cardsharps Sotheby’s trial “Words cannot really do my emotions justice.” Lancelot Thwaytes was speaking about the day he heard that a painting he sold at Sotheby’s for £42,000, had been claimed to be an original Caravaggio worth more than £10 million. Sotheby’s sold the work …

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Art Law

How Does Fine Art Shape Up as an Asset?

With the second  and final part of the Geneva art law foundations conference series ‘Risks, Rules and Opportunities in Art conference last week, Nicholas O’Donnell author of the Art Law Report runs through how he found the conference. Nicholas O’Donnell The Art Law Foundation in Geneva (Fondation pour le droit …

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Art Law

Treasure law: The commercial aspects of treasure

When you think of disputes over treasure you tend to think of pirates fighting on sandy beaches or ancient families hiding valuables from raiders. Now, of course, fights about treasure take place in court rooms. In December, law firm Clyde & Co hosted an Institute of Art and Law seminar …

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Art Law

New art law firm to open in New York and Los Angeles

A boutique law firm devoted to art law has been launched by veteran attorneys Michael Spencer and Brian Kerr.  Spencer Kerr has offices in in New York and Los Angeles and will represent international clients with business and investments in art. “The expansion of the international art market means new …

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Art CrimeArt RestitutionNews

Art Recovery Group launch ArtClaim

After 12 months of development the Art Recovery Group has launched its new database ArtClaim. Chris Marinello, CEO of the Art Recovery Group, said “We are extremely proud of the ArtClaim Database and the progress that it represents for this area of the art market.” The cloud based resource will …

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