Art

News & Analysis as of

Fifth Circuit Court Reverses Tax Court Ruling on Fractional Interest Valuation Discounts

On September 15, the U.S. Court of Appeals for the Fifth Circuit reversed a 2013 Tax Court decision that had allowed only a nominal, 10% fractional interest discount for artwork included in a decedent’s estate....more

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

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

Last Wishes, First Impression: Potential legal issues arise after Munich recluse passes away, bequeathing Nazi-looted art to a...

Cornelius Gurlitt’s notarized will, which did not surface until after his unexpected death this past May, lists the Kunstmuseum Bern in Switzerland as the heir to his vast art collection, which included works by Matisse, Dix,...more

Appropriation Art As Fair Use Under The Copyright Act

Appropriation art raises special issues of fair use. An appropriation artist takes the work of another artist and modifies it in some fashion and in the process creates a new work of art. Andy Warhol's Campbell Soup Can...more

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

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

Ain’t Nothing Like the Real Thing: Despite Forgery Scandals, the Fine Art Market is Booming

On January 23rd, in a rare public appearance, Jasper Johns testified against a New York foundry owner, Brian Ramnarine, who was charged with creating unauthorized sculptures, including a fraudulent Johns “Flag” sculpture...more

Mum’s the Word: New York’s Highest Court Maintains Anonymity in Auction Sales

In late 2012, we reported on a New York Appellate Division order that sent shockwaves and fear of instability through the auction house world. Late last month, the New York Court Appeals issued its opinion in the case of...more

Painting on a Borrowed Canvas: When Property Rights Collide with Art

While most artists take pride in creating and protecting their works, many graffiti artists remain necessarily (sometimes famously) anonymous, since their art may also constitute criminal vandalism. In contrast to the...more

New Miami In The News: Weekly Recap

This week, David Beckham, Art Basel, MIA and a Global Diversity Summit all made headlines. David Beckham chooses Miami to build his soccer empire - According to reports, the international soccer icon’s MLS...more

Settlement Reached In Case Over Jesus Portrait In Ohio Middle School

In an earlier blog post, we addressed whether an Ohio school district violated the First Amendment by hanging a portrait of Jesus in a middle school. The portrait allegedly was a gift to the school board by a Christian...more

Russian Revolution Redux

The long-ago Russian Revolution has been fought anew in the Federal courts in New York. The case is Konowaloff v. Metropololitan Museum of Art, and it involves a lawsuit seeking to recover a Cezanne painting seized in the...more

Stealth Lawyer: Todd Neufeld, Balloon Twister [Video]

Jan. 30 (Bloomberg) -- Todd Neufeld, founder of The Twisted Balloon Company, talks with Bloomberg Law's Spencer Mazyck about his transition from intellectual property lawyer to professional balloon twister. Neufeld, who has...more

Stealth Lawyer: Nathan Sawaya, Lego Brick Artist [Video]

Jan. 23 (Bloomberg) -- Nathan Sawaya, a New York-based artist and author of "The Art of Nathan Sawaya," talks with Bloomberg Law's Spencer Mazyck about his transition from practicing law at Winston Strawn LLP to creating...more

13 Results
|
View per page
Page: of 1