News & Analysis as of

Art

Developer “Tagged” with $6.75 Million Damages Award for Willfully Destroying Graffiti Art of Recognized Stature

by Dorsey & Whitney LLP on

We previously posted about an advisory jury verdict rendered in the 5Pointz litigation (Cohen et al v. G&M Realty LP et al.), a case involving the whitewashing of the famous exterior aerosol (or “graffiti”) art in the space...more

Auction House Sales In 2017 Signal A Surging Art Market

by Fox Rothschild LLP on

In recent art world news, following strong sales in 2017, the international auction houses are said to be “feeling bullish” once again. Last Friday, Christie’s announced that it had sold about £5.1 billion or $7.3 billion of...more

Artist Adriana Varella Demands that the City of Palo Alto Halt its Plans to Remove Her Renowned Work "Digital DNA"

by Sullivan & Worcester on

Sullivan & Worcester LLP has taken action on behalf of its client, artist Adriana Varella, to protect her sculpture Digital DNA from removal and destruction by the City of Palo Alto, California. Digital DNA has stood in the...more

Is Digital Technology Disrupting The Art Market And Providing Transparency?

by Fox Rothschild LLP on

In recent art world news, one may think that the digital revolution has provided some “much-needed transparency” to the art market with the sale of artwork now being bought online as regularly as books and music. However,...more

Members of the Berkshire Museum File Appeal Papers to Stop Museum's Planned Sale of 40 Works from its Collection

by Sullivan & Worcester on

(Boston, MA, January 16, 2018) Sullivan & Worcester LLP has filed its papers in the appeal by its clients, the members of the Berkshire Museum who sued to enjoin the museum’s sale of 40 works of art and sculpture. The appeal...more

“Building an Art Market 2.0”—Responsible Art Market Initiative Event February 2, 2018 in Geneva

by Sullivan & Worcester on

Readers of the Art Law Report will know that we have regularly touted the collaborative efforts of the Art Law Centre of the University of Geneva, the Fondation pour le Droit d’Art (Art Law Foundation), and now the...more

The Met Unveils New Admissions Policy Requiring Non-New York State Residents To Pay Mandatory Admission Fee

by Fox Rothschild LLP on

In recent art world news, the Metropolitan Museum of Art (“Met”) announced last Thursday that visitors will have to pay a $25 mandatory admission fee if they reside outside New York State under a new policy that goes into...more

New York City Announces New Antiquities Crime Unit

by Fox Rothschild LLP on

In a recent report, New York City (Manhattan) District Attorney, Cyrus R. Vance, Jr., announced the formation of the Antiquities Trafficking Unit, which was created to work with U.S. Homeland Security to combat the trade of...more

El arte en lugares públicos: ¿carga regulatoria u oportunidad?

by Bilzin Sumberg on

El concepto de arte en lugares públicos está bien establecido en los Estados Unidos. Ya en la década de 1930, el gobierno federal creó los programas New Deal a través de los cuales se les pagaba a artistas para crear obras...more

Art in Public Places: Regulatory Burden or Opportunity?

by Bilzin Sumberg on

The concept of art in public places is well-established in the United States. As early as the 1930s, the federal government created New Deal programs that paid artists to create works of art for display in municipal buildings...more

Authenticating The $450.3 Million Leonardo da Vinci Masterpiece With Science

by Fox Rothschild LLP on

Some in the art world may not know that the 500-year old masterpiece painting Salvator Mundi (“Savior of the World”) by Leonardo da Vinci that recently sold for nearly half a billion dollars is imperfect. The work with a...more

Members of the Berkshire Museum Appeal Ruling on Planned Sale of Critical Pieces of its Collection

by Sullivan & Worcester on

Sullivan & Worcester LLP has filed an appeal on behalf of its clients, the members of the Berkshire Museum who sued to enjoin the museum’s sale of 40 works of art and sculpture. The appeal is brought as a result of the...more

History Made At Christie’s Postwar And Contemporary Art Evening Auction With Sale Of $450.3 Million Leonardo da Vinci Work

by Fox Rothschild LLP on

In recent art world news, a painting by Leonardo da Vinci, Salvator Mundi (circa 1500) sold for $450.3 million on Wednesday evening at Christie’s postwar and contemporary art auction. The sale of the rare masterpiece...more

Sotheby’s Posts $23.5 Million Net Loss Ahead Of Expectations During Traditionally Slow Third Quarter

by Fox Rothschild LLP on

In recent art world news, Sotheby’s posted a $23.5 million net loss during the traditionally slow third quarter, up 57 percent from last year, announced by the auction house in its quarterly earnings call last Friday. The...more

Masterpiece by Bernardo Bellotto Purchased by London National Gallery Consequent to Temporary Export Bar

Art export laws are designed to prevent art and artifacts of significant cultural value from leaving its country of origin while also preserving the home country’s competitiveness in the international art market. Many...more

Eighteenth Century Masterpiece Painting Missing For More Than A Century Is Hiding In Los Angeles

by Fox Rothschild LLP on

An intriguing story recently ran in the Los Angeles Times regarding an 18th century masterpiece painting that has gone missing for more than a century. The mysterious painting seems to have been hiding in plain sight in a...more

Léger Work Estimated To Sell For $65 M And Set New Record For The Artist To Lead Christie’s Impressionist And Modern Art Auction...

by Fox Rothschild LLP on

In recent art world news, a never before auctioned work, Contraste de forms (1913), by French artist Fernand Léger is to lead Christie’s Impressionist and Modern Art evening auction in New York this fall. The vibrant...more

Are Warhol Works Meticulously Recreated By British Artist 30 Years After Warhol’s Death Authentic Warhol Paintings?

by Fox Rothschild LLP on

In recent art world news, British artist Paul Stephenson has recreated some of Andy Warhol’s most celebrated works using the exact same materials and methods as the late artist. This has sparked a lively debate as to what...more

No Buyer For High Profile Francis Bacon Painting At Christie’s $130 Million Contemporary Art Auction In London

by Fox Rothschild LLP on

In recent art world news, Christie’s fetched $130 million during its recent postwar and contemporary art auction at its Kings Street salesroom in London last Friday evening achieving a solid sell-through rate of 83 percent. ...more

Francis Bacon Painting Hidden From Public View For 45 Years Could Set New Auction Record In Europe

by Fox Rothschild LLP on

In recent art world news, a painting by the late figurative artist Francis Bacon that has been in a private collection for the past 45 years and never loaned could become the most expensive art work ever sold at auction in...more

Former Knoedler Gallery Director Settles Final Lawsuit

by Fox Rothschild LLP on

In recent art world news, one of the largest art scandals in New York has come to a close with the recent settlement of the last of ten lawsuits brought against Ann Freedman, the former director of the now defunct Knoedler...more

There’s No Crying In Baseball (Even When It Rains) – Famous Rockwell Painting Of Three Umpires Assessing Rain Sells For $1.6M At...

by Fox Rothschild LLP on

Norman Rockwell is as famous as apple pie for his iconic depictions of American life. Once shunned by the art world as an ordinary illustrator, Rockwell’s saccharine vignettes are now prized paintings....more

International Foundation For Art Research (IFAR) Issues New Provenance Guide

by Fox Rothschild LLP on

In the wake of more WWII/Nazi era stolen art legal battles, the International Foundation for Art Research (IFAR) has issued a new Provenance Guide, which highlights the importance of archival research, and states that...more

Sotheby’s London Sells Portrait Of An Old Women As Authentic Rubens And Fetches 20 Times The Original Hammer

by Fox Rothschild LLP on

In March 2016, a US auction gallery sold an Old Master oil painting (a sketch of an old woman) for $27,000. The sale price was nearly double the high auction estimate of 15,000. However, when the same painting was recently...more

Five Prerequisites For Sign Approval From The Philadelphia Art Commission

by Fox Rothschild LLP on

Are you looking to replace or construct a new sign in Philadelphia? Depending upon where your property is located you might first have to get approval from the Philadelphia Art Commission....more

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