Art as Security: Upcoming seminar on art as collateral for loans
Posted on: April 7, 2021 by Alexander Herman
We are pleased to announce that, in association with the law firm Fladgate LLP, we will be hosting an exciting afternoon seminar on the highly topical subject of art collateralisation: ‘Art as Security: Using art as collateral for loans’. Taking place on 20 May 2021, from 2 pm to 5 pm, the event will continue in the tradition of our latest seminars covering the most relevant issues facing the art world today. As finances have tightened during the pandemic, those in need of liquidity are increasingly turning towards their art to be used as security for obtaining financial loans.
The event will first focus on the present situation in the UK. Many recognise that the Victorian rules and procedures for registering security interests are no longer fit for purpose. In order to obtain a better handle on the topic, we will also consider the modernised system in the United States as a way of giving policy makers, advisers and art collectors an insight into how the system could be improved in the UK. With London as one of the world’s primary art markets, the issues covered in this seminar will be of truly global importance.
The event will feature the following speakers:
- Geoffrey Bennett, Senior Fellow, Institute of Art & Law
- Luke Morris, Partner, Fladgate LLP (London)
- David Lee, Associate, Fladgate LLP (London)
- Anders Petterson, Managing Director, ArtTactic
- Megan Noh, Partner, Pryor Cashman LLP (New York)
- Drew Watson, Senior Vice President, Art Services, Bank of America (New York)
- James Ratcliffe, General Counsel and Director of Recoveries, Art Loss Register
- Anna Lepage, Director, Investment Finance, Citi Private Bank EMEA
- Suzanne Gyorgy, Global Head of Art Advisory & Financing, Citi Private Bank
- Diana Cawdell, Managing Director, Golden Squared Consulting (moderator)
Date: 20 May 2021
Time: 2.00 pm to 5.00 pm UK time
Delivery method: Online (Zoom)
Cost: £60.00 incl VAT; 50% off for IAL and UKRG members. Enter your member coupon code upon checkout. If you need to pay by invoice, or have further questions, please email info@nullial.uk.com