Category Archives: Art Loans

Mixed fortunes for art in the UK’s regions

Posted on: June 6, 2019 by Emily Gould

“Interesting and challenging times” was how the UK Museums Association Director, Sharon Heal, described the current climate for the sector in her introduction to the Association’s Annual Report last year. No more acutely are those challenges felt than by the UK’s regional museums, many of which are run by local authorities. Over half of these […]

International Art Loans seminar

Posted on: June 8, 2016 by Alexander Herman

Yesterday afternoon saw our second annual event hosted by Maurice Turnor Gardner LLP (MTG) in London. The seminar, entitled ‘International Art Loans’, took up where last year’s ‘International Art Transactions‘ left off: a consideration of the various elements, legal and otherwise, that can affect the temporary disposition of artworks around the world. This of course can […]

Old Flo is staying put – what can we learn?

Posted on: June 7, 2016 by Emily Gould

It was interesting to see that the judgment in the important ‘Old Flo’ case on which we reported in July 2015 has now been upheld by the Court of Appeal. You might recall the story. Old Flo – or Draped Seated Woman, to give Henry Moore’s 1,500 kg bronze figure her proper title – was […]

Access to Art: the good news and the not so good…

Posted on: April 7, 2016 by Emily Gould

Significant developments on three of the stories we’ve been watching closely of late appeared in the news this week: Firstly, that the deferral on an export licence for the Sekhemka Statue has now been lifted, so it will almost certainly be leaving these shores before too long. Secondly, that pieces from the Gurlitt art hoard […]

International Art Loans: 7 June seminar

Posted on: March 29, 2016 by Ruth Redmond-Cooper

On Tuesday 7 June 2016 from 2.00-6.00 pm there will be an Institute of Art & Law seminar in association with Maurice Turnor Gardner LLP held at the firm’s London offices in Milton Street EC2Y 9BH. The seminar will explore the legal issues surrounding international art loans, covering questions relating to art loan agreements, jurisdiction and conflict of laws, government indemnity […]

Sekhemka in the news again

Posted on: March 8, 2016 by Emily Gould

  There is rarely a dull moment in the long-running saga of the Sekhemka statue, the rare Egyptian Old Kingdom sculpture controversially sold by Northampton Borough Council for £15.76 million in 2014. The piece had been displayed at the Northampton Museum and was sold by the Council to raise funds, incurring the wrath of the […]

Government Indemnity Scheme changes for 2016

Posted on: February 11, 2016 by Ruth Redmond-Cooper

There have been several changes to the Government Indemnity Scheme (GIS) in the UK that were brought about as of 1 January 2016. The GIS is a scheme by which the UK government covers the insurance cost of loans brought into national and non-national UK institutions, rather than a private insurer. This allows museums to put […]

Guess who’s back?

Posted on: October 12, 2015 by Alexander Herman

Goya’s Marquesa de Santa Cruz is back in London. Those with long memories will know that this painting by Spanish artist Francisco Goya had been taken out of Spain in the mid 1980s and brought to auction at Christie’s in London, only to incur the ire of the Spanish government. The work had left Spain in 1983 accompanied by forged […]

Proposed law in Scotland could affect museum objects

Posted on: September 25, 2015 by Ruth Redmond-Cooper

A change to the law in Scotland could have an impact on objects left at museums, where the owner has disappeared or has become untraceable. The draft bill before the Scottish Parliament would first seek to introduce a 20 year positive prescription period, whereby a possessor of corporeal movable property (i.e. an object like a painting) would […]

Old Flo is here to stay… in Tower Hamlets, that is

Posted on: July 9, 2015 by Alexander Herman

Judgment was handed down yesterday in an important case involving a Henry Moore sculpture (Draped Seated Woman) lovingly known as ‘Old Flo’. The sculpture, bought from the artist by London County Council in 1962 to be publicly displayed in the city’s East End, has been at the centre of a dispute between two London boroughs: […]