Posted on: October 30, 2023 by Laura Villarraga Albino
The recent report from DACS reveals that since 2006, almost £120 million in Artist’s Resale Right (ARR) royalties have been distributed to over 6,023 artists and heirs in the UK. ARR plays a significant role in the UK’s art ecosystem, contributing directly to artists’ practice and their legacies with minimal impact on art market participants. […]
Posted on: November 26, 2022 by Ruth Redmond-Cooper
The latest issue of Art Antiquity and Law has now been published and hard copies are being sent to subscribers and members, with the digital version available online to subscribers who have chosen this option. This issue contains a thought-provoking piece by Alexander Herman in which he points out that the recent Charities Act 2022 […]
Posted on: December 9, 2021 by Alexander Herman
Collector Michael Steinhardt has been in the news this week, and not for the right reasons. On Monday, an agreement was announced whereby the New York DA’s Office would not prosecute Steinhardt for acquiring looted antiquities and, in exchange, Steinhardt would surrender 180 such artefacts to the DA, and these will soon (one hopes) be […]
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 […]
Posted on: July 26, 2019 by Julia Rodrigues Casella Hommes
Earlier this month, controversy surrounded one particular lot in the ‘The Exceptional Sale’ at Christie’s in London. The object of the controversy was ‘An Egyptian Brown Quartzite Head of the God Amen with the features of the Pharaoh Tutankhamen’, dated to the Reign of Tutankhamen, c. 1333-1323 BC, New Kingdom, 18th Dynasty. The lot (no. 110) […]
Posted on: November 9, 2018 by Alexander Herman
A big splash was made when a lot sold at Christie’s New York last month for $432,500. That sort of amount is usually small change for the major international auction house, but not when it comes to a particular sort of artwork: one made by artificial intelligence (or AI). In fact, this was reported to […]
Posted on: June 8, 2018 by Holly Woodhouse
Yesterday, on Thursday the 7th June, the Institute of Art and Law held an afternoon seminar at the Swedenborg Society, with the gracious support of Hunters Solicitors. The focus of the day was Art and Taxation, drawing together a dynamic programme of topics including, tax planning, tax incentives, disputes and VAT in relation to art […]
Posted on: May 31, 2018 by Kiri Cragin Folwell
We are pleased to announce that Clarissa Vallat will be joining us as a panellist at our Art & Taxation Afternoon Seminar on 7 June. Clarissa is a Director of Tax, Heritage & UK Museums at Sotheby’s. Other speakers at the event include: Roderick Cordara QC, barrister, Essex Court Chambers Ruth Cornett, Director, Heritage & Taxation Advisory […]
Posted on: April 18, 2018 by Alexander Herman
As reported earlier this month, the National Gallery of Canada has plans to sell a painting from its collection by artist Marc Chagall at Christie’s in New York on 15 May. The funds will be used to acquire a work by Jacques-Louis David, which was confirmed this week by the Gallery. The Chagall piece on […]
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 […]