Posted on: October 8, 2018 by Alexander Herman
On Friday night in London, Sotheby’s auctioned off a ‘unique’ version of Banksy’s famous image of a young girl reaching for a red balloon. It was the last lot of the Contemporary Art auction in an important week for the London art market, with Frieze London having opened earlier that day. But just as the […]
Posted on: April 27, 2018 by Alexander Herman
The National Gallery of Canada, as reported earlier, had plans to sell one of its two major works by Marc Chagall, La Tour Eiffel, at auction at Christies in New York on 15 May, with an estimate of $6 million to $ 9 million. This led to much uproar in the Canadian press and amongst the […]
Posted on: January 27, 2016 by Judith Bouchardeau and Mathilde Roellinger
The discovery of the art forgery scandal perpetrated by Wolfang Beltracchi has given rise to a number of legal proceedings. The recent decision of the Court of Appeal of Versailles, involving art expert Werner Spies and a painting attributed to Max Ernst, is among them. The facts are as follows. At the 2004 Paris Biennale […]
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 […]
Posted on: March 25, 2015 by Makoto Shimada
Over the last couple of months, Japanese companies have been flocking to galleries to purchase inexpensive artworks. This trend is a result of a significant governmental change in relation to taxation policy which was adopted from January 2015. According to the newly amended Corporate and Income Tax Law Interpretive Regulations announced by the National Tax […]
Posted on: March 4, 2015 by Alexander Herman
For those intrigued, perplexed or in need of a practical guide on how to deal with that beast known as the ‘fair use’ exception in US copyright law, look no further. The College Art Association, the professional body of those who work in art, art history and art criticism in the United States, has just released its long […]