Wednesday, February 29, 2012

"It costs a lot of money to defend against a suit, even if one wins."

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Eileen Kinsella reports in ARTnews that "several art-authentication boards and artist-endowed foundations have decided that the risks ...

Resale Royalty Reply

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The auction houses filed their reply brief this week in the California resale royalty lawsuit.  I remain most interested in the Commerce Cl...
Tuesday, February 28, 2012

Bob Nickas on Prince-Cariou

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Part one , part two .

"Lugo said simply, 'I'm sorry,' as a judge sentenced him to one to three years behind bars in New York ..."

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" . . . though he could be released in six months if he succeeds in a boot camp-style program ."

New Issue of Journal of Art Crime

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The Fall 2011 issue of ARCA's Journal of Art Crime  is out.  I wrote about de Csepel v. Republic Of Hungary , regarding foreign sovereig...
Sunday, February 26, 2012

"Under the bill, 60 percent of the funds would go to State Need Grant program."

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I've also been meaning to get to this story, which in some ways is similar to the Detroit story I mentioned yesterday .  A Washington S...
Saturday, February 25, 2012

"None of those repercussions would be automatically compelling to ... a mayor forced to choose between thousands of jobs and a Flemish masterpiece."

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I've been meaning to mention this column from a couple of weeks ago raising the possibility of some art being sold to help stave off De...
Friday, February 24, 2012

"Fairey pleaded guilty to a single misdemeanor count of criminal contempt and faces as much as six months in jail on the charge."

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He " admitted that he fabricated documents and lied during the discovery process in copyright litigation with the Associated Press....
Thursday, February 23, 2012

"Any doubt that the thefts (and recoveries) of other versions increased its value?"

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Derek Fincham notes that a version of Munch's "The Scream" is heading for sale at Sotheby’s in New York and " officials ...

"The government is saying we want $35 million in tax but if you sell it to get the money we’ll put you in jail."

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Forbes reports on a fascinating valuation dispute in the Ileana Sonnabend estate.
Wednesday, February 22, 2012

"Few cases in recent years have roiled the art market as much as this mystery of how an obscure art merchant could have discovered an astonishing number of unknown treasures by the titans of Abstract Expressionism."

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The NYT's Patricia Cohen has the latest on the Knoedler mess.
Monday, February 20, 2012

"Three years ago, it mistakenly sold this work, valued at more than a million dollars, for $150 plus tax."

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The New York Times on Cal Berkeley's " embarrassing loss ."
Friday, February 17, 2012

"It is the very definition of as near as possible." (UPDATED)

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Fisk has filed its response to the Tennessee Attorney General's request for permission to appeal .  There's a news story here .  I h...

Authenticating Banksys

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It's complicated .

"This seems to have been a carefully prepared swindle, we were all taken in."

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" The French police force has opened an investigation into the possible forgery of early photographs ."
Monday, February 13, 2012

"The idea has never gotten very far, in part due to strong opposition from charities."

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The Chronicle of Philanthropy :  "President Obama on Monday proposed to limit the percentage of income that wealthy donors can write of...
Friday, February 10, 2012

Twombly Tax Trouble

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In Italy.  Story here .
Thursday, February 09, 2012

"Exit the Deciders"

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Barbara Guggenheim on what happens in a post-authentication committee world.

"Mr. Lugo’s lawyer ... has called him 'more like someone who was in the midst of a psychiatric episode' than a calculating art thief."

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Wine steward/art thief Mark Lugo plead guilty to a grand larceny charge in New York this week and faces one to three years in prison when ...
Tuesday, February 07, 2012

"What Reinharz does not regret is the principle that guided [the] decision."

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Former Brandeis President Judah Reinharz is still repulsively defending his (failed) plan to sell some of the school's artwork: ...