I was proud to advise the Allentown Art Museum, which announced today that it has reached an agreement with the heirs of Henry and Hertha Bromberg concerning Portrait of George, Duke of Saxony by Lucas Cranach the Elder and...more
In connection with the late-2020 amendment to the Bank Secrecy Act (BSA) to include “dealers in antiquities” as a result of its inclusion in the National Defense Authorization Act (NDAA), the Treasury Department’s Financial...more
3/24/2021
/ Anti-Money Laundering ,
Art ,
Art Auctions ,
Art Collections ,
Art Dealers ,
Art Sales ,
Bank Secrecy Act ,
FinCEN ,
Fine Art ,
Nazi Looted Art ,
NDAA ,
Suspicious Activity Reports (SARs)
Robin Pogrebin at the New York Times has written an excellent piece on the news that the Brooklyn Museum intends to sell several works from its collection to raise money. The museum explicitly relies on the pandemic-inspired...more
9/24/2020
/ Art ,
Art Auctions ,
Art Collections ,
Art Dealers ,
Art Sales ,
Artists ,
Cultural Artifacts ,
Fine Art ,
Historic Preservation ,
Museums ,
Paintings Sculptures and Engravings
A recent report by the U.S. Senate Permanent Subcommittee on Investigations (headlined by Chairman Senator Rob Portman, Republican of Ohio, and Ranking Member Tom Carper, Democrat of Delaware) has drawn widespread attention...more
8/13/2020
/ Anti-Money Laundering ,
Art ,
Art Auctions ,
Art Collections ,
Art Dealers ,
Art Sales ,
Bank Secrecy Act ,
Cultural Artifacts ,
Customer Due Diligence (CDD) ,
Financial Regulatory Reform ,
FinCEN ,
Fine Art ,
Know Your Customers ,
Office of Foreign Assets Control (OFAC) ,
Suspicious Activity Reports (SARs) ,
Uniform Commercial Code (UCC)
Since online auctioneer Paddle 8 filed for bankruptcy protection in March, creditors of the company have begun filing their notices of claim in the bankruptcy case. One thing on which the creditors all seem to agree is that...more
Since the passage in 2016 of the Holocaust Expropriated Art Recovery (HEAR) Act, many commenters (here included) have grappled with what the implications of the law will be on the scope and frequency of future claims. Even as...more
(Boston, MA, February 13, 2018) Sullivan & Worcester LLP clients and Berkshire Museum members James Hatt, Kristin Hatt, and Elizabeth Weinberg sharply denounced today the agreement that was announced Friday evening between...more
The Single Justice of the Massachusetts Appeals Court (Joseph A. Trainor) has extended the injunction against the Berkshire Museum's proposed sale of 40 works of art in its collection until at least January 29, 2018. In its...more
Attorney General’s Motion, Supported by Private Plaintiffs, is Allowed on the Eve of Auction The Massachusetts Appeals Court has stopped the imminent auction of paintings owned by the Berkshire Museum. Late Friday, a single...more
The Massachusetts Attorney General has moved the Appeals Court of Massachusetts for an emergency injunction pending appeal of the November 7, 2017 decision denying the motions by the AG, my clients, and others, seeking to...more
Forty Masterpieces of American and European Art Scheduled for Auction -
(Boston, MA, October 26, 2017) Sullivan & Worcester LLP has filed a lawsuit on behalf of Berkshire County residents and members of the Berkshire...more