Category Archives: Art Market

NFTs – a flash in the pan or a sign of things to come?

Posted on: March 9, 2021 by Emily Gould

Another week, another acronym for the art world. In the past year or so, whilst many AMPs (art market professionals) have grappled with getting to KYC (know your customer) in compliance with new AML (anti money-laundering) rules, they have also been faced with moving from the bustling world of art fairs and high street galleries […]

Report on latest study forum

Posted on: February 10, 2021 by Georgiana Stables

On Saturday 6th February, we hosted our second virtual study forum. It was a full day of captivating and perceptive talks by a range of speakers within the art law field. To kick-start the day, Dr Donna Yates (Associate Professor, Maastricht University) spoke about a Cambodian sculpture stolen from Koh Ker during the Cambodian Civil […]

U.S. financial crime regulations now reach antiquities trade and beyond

Posted on: February 1, 2021 by Stephanie Drawdy

A new year has swept in, bringing with it an expansion of U.S. federal anti-corruption / anti-money laundering laws. On 1 January 2021, America’s annual defense budget known as H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021 (NDAA), became law. The wide-reaching and significant reforms included in the NDAA range from corporate […]

Lights out for Fairlight – Court of Appeal upholds High Court decision in dispute over alleged Frans Hals painting

Posted on: December 14, 2020 by Emily Gould

An intriguing and long-running saga involving an alleged Old Master painting, a London art dealer, a US investor and an international auction house appears to have reached its conclusion. For those following the case of Sotheby’s v Weiss Limited and Fairlight Art Ventures LLP, with all its twists and turns, the latest (and possibly the […]

High Court orders London gallery to provide information about stolen Signac

Posted on: November 3, 2020 by Michael Bowmer

A Norwich Pharmacal order was recently made against a London gallery requiring it to disclose information concerning a painting which the claimant contended had been stolen from her. In doing so the court refused to accept the argument on behalf of the gallery that no order should be made on account of the custom and […]

Adapting to the new normal – challenges for the art market

Posted on: October 19, 2020 by Emily Gould

The opening of a ‘virtual’ Frieze week in London earlier this month was a reminder of both the significant challenges Covid-19 has posed to the art market, and the innovative and creative responses which have emerged. In contrast to the usual spectacle of bustling crowds cramming into marquees in London’s Regent’s Park, Frieze London 2020 […]

IS A STORM BREWING IN THE BANKSY TRADE MARK TEACUP?

Posted on: October 7, 2020 by Adam Jomeen

Banksy hit the headlines last month when an EU trade mark featuring his iconic Flower Thrower graffiti was struck down by the EU’s Intellectual Property Office, reigniting claims that the Bristolian street artist is abusing trademark law to secure rights against third parties who commercialise his work without consent.  Whilst Banksy could in principle take […]

UK Ivory Ban: End to the lawsuit but Ivory Act is not enforceable just yet

Posted on: September 25, 2020 by Georgiana Stables

The IAL blog has avidly followed the debate surrounding the UK’s position on the trade of ivory artefacts over the last two years, see June 2020 Update, November 2019 Update, July 2019 Update, May 2018 Update, April 2018 Update, January 2018 Update. The latest development has seen the Supreme Court denying the request to appeal made […]

Latest issue of Art Antiquity & Law available now

Posted on: September 8, 2020 by Julia Rodrigues Casella Hommes

We are pleased to announce that the latest issue (Vol XXV, 2) of our journal Art Antiquity & Law is available now, please see below for details on subscriptions and access.  Paul Kearns provides the readers with a comprehensive panorama of the international legal regulations on freedom of artistic expression, a fundamental but much overlooked and […]

Recent report on the illicit antiquities trade receives mixed response

Posted on: June 10, 2020 by Charlotte Dunn

A UNESCO-backed research project into the illicit trade in cultural property in Germany has recently released its final report. The ‘ILLICID Project’, launched by the German Federal Ministry of Education and Research, aimed to increase understanding of illicit trafficking networks and financial flows linked to organised crime and terrorism. However, the findings of the final […]