News & Analysis as of September 25, 2024

European Union › Art

+ Follow

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

Santina v Rare Art: in the soup – worldwide freezing injunction over a £14,000 costs order?

White & Case LLP on 6/5/2023

The English Court's jurisdiction to grant freezing injunctions has been the subject of considerable judicial attention in recent years. In Convoy Collateral v Broad Idea,1 the Privy Council "laid to rest" the House of Lords'...more

For US Art Collectors Shopping in the UK, the Dollar’s Strength is Deceiving

Sheppard Mullin Richter & Hampton LLP on 10/24/2022

The strength of the US dollar against the British pound – at present, the pound has dropped nearly 18% since the beginning of 2022 – would appear to make the purchase of art and other cultural property in the UK and Europe...more

European Commission Seeks Comments on Revised Horizontal Guidelines Draft

McDermott Will & Emery on 4/7/2022

On 1 March 2022, the European Commission launched a public consultation inviting stakeholders to comment on a revised Horizontal Block Exemption Regulations on Research & Development and Specialisation (HBERs) draft, as well...more

EU Copyright Directive: Further clarity on Art. 17 at EU level but also national concerns

Hogan Lovells on 4/16/2021

While further clarity on the Copyright in the Digital Single Market Directive (“DSM Directive”) can be expected at the European level in the next two weeks with the guidelines of the EU Commission on Art. 17 of the DSM...more

COVID-19: Disruption to Art Transactions

White & Case LLP on 10/29/2020

It would be a truism to note that COVID-19 has had a profound impact on many sectors globally. The art industry, which relies considerably on the human interaction between art dealers, artists, and members of the public, is...more

Additional Compliance for the Art World

BCLP on 1/16/2020

Individuals, trusts and companies buying or selling art via UK galleries and auction houses will now be subject to the same customer due diligence checks as those opening bank accounts in the UK. What has changed? The...more

Crime Doesn’t Pay (as much as it used to) – FBI Cracks Down on Trade of Looted Syrian and Iraqi Cultural Artifacts

Sheppard Mullin Richter & Hampton LLP on 9/30/2015

In support of the international crackdown on the black market trade of looted cultural artifacts, the FBI recently announced that art dealers may be prosecuted for engaging in the trade of stolen Iraqi and Syrian antiquities....more

French Supreme Administrative Court Rules on the Procedure for Returning Artworks Looted by the Nazis

McDermott Will & Emery on 9/18/2014

After World War II, works of art suspected of having been stolen by the Nazis were listed on a special registry called the Musées Nationaux Récupération (MNR registry), and stored in French museums until they could be...more

French Court Supports Freedom of Authentication: A Win for Art Experts

Sheppard Mullin Richter & Hampton LLP on 4/14/2014

Recently, the high court of appeals in Paris upheld an art expert’s right to refuse to authenticate a work of art. While this decision took nine years to come to fruition, it validates an art expert’s freedom to make an...more

9 Results

View per page

Page: of 1

European Union › Art

"My best business intelligence, in one easy email…"