Knoedler Knews

One of the two big art law stories over the last few days was the Southern District decision denying a motion to dismiss a pair of collector lawsuits brought against Ann Freedman and Knoedler.  Laura Gilbert has the story in The Art Newspaper.  To me, the big takeaway was that the court sustained the RICO claims alleging a "pattern of racketeering activity," which, as Gilbert points out, carries the potential for treble damages.