Category Archives: Art Market

Fraudulent art investment companies wound up by the High Court

Posted on: November 1, 2019 by Charlotte Dunn

Earlier this month, the High Court in Manchester wound up two companies which had received just under £1million from investors, between October 2018 and June 2019, as part of a fraudulent art investment scheme. The two companies involved were Gem Tobin Ltd, located in Cheshire, and Dionysus Design Services Ltd, located in York. The court’s […]

September brought important developments for collections management

Posted on: October 4, 2019 by Julia Rodrigues Casella Hommes

September was, as usual, an eventful month for the art world and the cultural heritage sector. After the lull of the summer months, there were a number of interesting events and developments that took place both in the UK and abroad. Today, we will be looking at two developments that were important from a collections […]

Developments from the US-China Trade War and how the art market is affected

Posted on: September 19, 2019 by Julia Rodrigues Casella Hommes

In what at first glance seems like a distant topic for cultural heritage and art law, the ongoing trade war between the US and China has escalated further with clear implications for the art market and many other countries as well. We have previously covered this topic here and here, when last year the threat […]

New York Appellate Court Upholds Purpose of HEAR Act: Austrian Performer’s Heirs Found to Have Superior Right to Looted Schiele Works

Posted on: August 23, 2019 by Stephanie Drawdy

Fritz Grünbaum was a clear target for the Nazis. He was a Jewish law school graduate and decorated World War I veteran turned pacifist and an outspoken man of the arts with a platform as a Viennese cabaret performer. On the day Hitler invaded Vienna, he entertained nightclub guests as he groped onto a darkened […]

From ivory ban to ivory war? The trade controversy continues to sizzle

Posted on: July 29, 2019 by Julia Rodrigues Casella Hommes

The debate on the elephant ivory ban in the UK, which we have previously covered on the IAL blog here and here, seemed to have reached a conclusion as the 2018 Ivory Act received royal assent in late December last year. However, since then there have been two important developments. Firstly, activists have been campaigning […]

U.S. Court of Appeals Finds The Met is Rightful Owner of Picasso’s The Actor

Posted on: July 12, 2019 by Stephanie Drawdy

The great-grand niece of a Jewish couple from Cologne, the Leffmanns, has again received an adverse ruling in a New York federal case in which she seeks possession of a painting sold by the Leffmanns after Nazi-rule necessitated their departure from Germany. In its June 26, 2019 decision, the Second Circuit Court of Appeals upheld […]

Changes to the Artist’s Resale Right regime in Italy

Posted on: July 10, 2019 by Eleonora Chielli

Eleonora Chielli is a partner at Chielli Law Firm, member of the Bar Association in Venice and lecturer in Art Law at Istituto Europeo di Design. The Guidelines issued on 1 February 2019 clarified the way in which SIAE (Società Italiana degli Autori ed Editori), the Italian equivalent to DACS, who is entitled to collect […]

A happy ending for Stik and the people of Gdansk

Posted on: July 5, 2019 by Julia Rodrigues Casella Hommes

We have a noteworthy development to report that will be seen by many as a welcome conclusion to the long-standing dispute over some removed Stik murals. It has taken the street artist Stik five years to reach a resolution, working alongside Miss Take, of the Polish collective ‘Graffiti Ladies’. Some of you will recall listening […]

An afternoon of ‘Art on the Move’ at Maurice Turnor Gardner

Posted on: June 25, 2019 by Julia Rodrigues Casella Hommes

Last Wednesday, the Institute of Art & Law together with Maurice Turnor Gardner hosted a number of talks and panels on the topic of ‘art on the move’ and the legal issues involved from title and export controls to bailment and the impact of Brexit. Speaking to a packed room, MTG’s and IAL’s teams were […]

New Money Laundering Directive – plans for the UK

Posted on: June 17, 2019 by Emily Gould

Readers may recall our post a few months ago focused on the problem of money laundering in the art trade, and in particular, the adoption by the European Parliament of the Fifth Anti-Money Laundering Directive (5MLD), to be implemented by Member States by 10th January 2020. In anticipation of the implementation in the UK, the Government, […]