The Art Market Monitor notices an art connection in the collapse of Dreier LLP. From the New York Times on Saturday:
"The law offices themselves ... were like modern art galleries. In court papers filed this week, the comptroller for the law firm reported that $30 million to $40 million of the firm’s assets had been spent on art. Among Mr. Dreier’s holdings were works by Picasso and a Warhol depiction of Jacqueline Kennedy Onassis. In recent days, someone not affiliated with the firm removed several pieces of artwork from the walls and carted them away, a person at the firm said."
More here from Artnet News (second item).
