Saturday, December 29, 2012

"That would amount to the largest loss the art world and its insurers have ever sustained."

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The New York Times:  Art Insurance Losses from Hurricane Sandy May Reach $500 Million .
Thursday, December 27, 2012

How to Steal From the Louvre

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A Noah Charney TED talk .

"A feature allowing California taxpayers to use their income tax returns to make donations toward arts programs will disappear in 2013."

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" The state law that added the grant-making Arts Council to the mix for the two years specified that the box would vanish if the option...
Monday, December 24, 2012

Kinkade Settlement

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" A rancorous public feud between the widow of painter Thomas Kinkade and his girlfriend over his multi-million dollar estate has been ...
Thursday, December 20, 2012

The Charitable Deduction in Context

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From lawprof Miranda Perry Fleischer .
Wednesday, December 19, 2012

House of Barnes

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Let me recommend Neil Rudenstine's new book to anyone interested in the whole Barnes saga.  First of all, he completely demolishes the ...
Tuesday, December 18, 2012

Deduction Debate

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The Wall Street Journal runs two views of the charitable deduction:  the Cato Institute's Daniel Mitchell argues, among other things, t...

The Fighter With The Lion Tattoo

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Sergio Muñoz Sarmiento asks:  Who owns the copyright to a tattoo?   The occasion is a lawsuit by a tattoo artist who tattooed a lion on an ...
Thursday, December 13, 2012

"People want to take advantage of 2012's certainty" (UPDATED)

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Wall Street Journal:  Fiscal Talks Spur Charitable Giving . UPDATE:  The Nonprofit Law Prof Blog rounds up some other interesting links.
Wednesday, December 12, 2012

"Many cases recognize that the government must have some discretion as to the choice of art it puts on the walls of its offices, even where the government is acting as an arts patron."

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The First Circuit has affirmed the District Court's decision that it was not a First Amendment violation for the Governor of Maine to re...

"Warhol Foundation May Proceed With Claims Against Insurer for Failure to Defend Lawsuits"

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Story here .  Decision here .

Tell me again about the public trust ("featuring property from the Los Angeles County Museum of Art" edition)

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Fifteen works being sold at auction .

85% Held in the Public Trust (UPDATED)

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Zurich has misplaced 15% of its art collection, more than 5,000 works. UPDATE:  Related story .
Tuesday, December 11, 2012

How It Should Be (UPDATED)

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Several readers have called my attention to this story of a Boston church that is considering "deaccessioning" a 17th century boo...

DIA Lawsuit

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Some Michigan residents are suing the Detriot Institute for reneging on their promise of free admission if their millage passed.  The museu...
Monday, December 10, 2012

"I would not give a penny to the Met to buy another painting"

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Philosopher Peter Singer say s that "philanthropy for the arts or for cultural activities is, in a world like this one, morally dubious...
Wednesday, December 05, 2012

"Well, if you eliminated charitable deductions ..."

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" ... that means every hospital and university and not-for-profit agency across the country would suddenly find themselves on the verge...
Tuesday, December 04, 2012

'"The culmination of a five-year absurdist farce—one tinged more by Kafka than Feydeau"

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The Wall Street Journal's Eric Gibson on Rauschenberg's eagle .

"The market for late Dalí sculptures remains plagued by misinformation, unauthorized editions, ownership disputes, and some outright fraud"

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ARTnews:  The Dalí Sculpture Mess .

"The market for fine art is idiosyncratic and it is like no other market"

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The IP Finance Blog:  The Oddest Market of Them All?