Saturday, February 27, 2016

Motion to Dismiss in Latest Prince Suit

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Brian Boucher has a report here .  Background here . This is an interesting strategic decision.  It's very  hard to win a motion to di...
Friday, February 26, 2016

Settlement in the Met "Suggested Admission" Lawsuit (UPDATED)

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I suggest you read Helen Stoilas's report in The Art Newspaper.  Background here . UPDATE:   More from Randy Kennedy in the Times.  ...
Thursday, February 25, 2016

"The French ruling gives the Pelham side more legal justification to press for the discovery in New York about the terms of the Gagosian sale."

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NYT:   Setback for Picasso’s Daughter in Battle Over Sculpture .  Background here .
Monday, February 22, 2016

"A guarantee—offered directly or by a third party— is a real price. Someone has to pay it."

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The Art Market Monitor :  Guarantees do not "distort" the market.
Sunday, February 21, 2016

"The Knoedler sales only dealt in a difference of degree, not kind, from the wholly legitimate day-to-day business of the secondary market."

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"And in that sense, the circumstances surrounding the de Soles' 'Rothko' aren't quite the extreme outliers they're ...
Wednesday, February 17, 2016

"I'm happy that we went to court, as the truth was established."

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Domenico De Sole speaks .
Tuesday, February 16, 2016

The Knoedler Trial May Be Over ...

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... but the Knoedler news keeps coming:  "Jose Carlos Bergantinos Diaz, the alleged partner of Glafira Rosales in her sale of a cache o...
Monday, February 15, 2016

"Perhaps the main takeaway is this: Hell hath no fury like a woman scammed."

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The Observer:   More Than Money: Inside the Knoedler Art Fakes Scandal .
Saturday, February 13, 2016

What it looks like to take the notion of the "public trust" too seriously

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In a review of works from the collection of Paul Allen at the Phillips, Pulitzer Prize winning critic Philip Kennicott tells us: "Bu...
Friday, February 12, 2016

Correction

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The narrative of the week seems to be that we're seeing a "correction" in the art market.  See here , for example, and here . ...

The Top 9 Takeaways From The Knoedler Trial

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By Eileen Kinsella and Sarah Cascone at artnet .  I'm (briefly) quoted.
Wednesday, February 10, 2016

It's over (UPDATED 6X)

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Knoedler trial settles . UPDATE:   Here is the New York Times story.   Here is Eileen Kinsella at artnet ("It was an anticlimatic e...
Tuesday, February 09, 2016

MORE BREAKING KNOEDLER NEWS (UPDATED 3X)

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" Due to 'unexpected developments', proceedings end abruptly today in Knoedler case just before Ann Freedman and Michael Hammer...
Sunday, February 07, 2016

BREAKING KNOEDLER KNEWS (UPDATED 2X)

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Ann Freedman has settled with the De Soles.  The case against the gallery continues.  "The settlement follows damaging testimony abou...
Saturday, February 06, 2016

"And so there's a reliance and a sort of gentleman's agreement within the art world that has existed for centuries now that says, you know, if we say this is authentic, it is to the best of our knowledge, and that's that."

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Noah Charney on the Knoedler trial.

The 5 Best Moments of the Knoedler Fraud Trial So Far

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From artnet's Cait Munro .

Knoedler Trial Day 10

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New York Times story here .
Thursday, February 04, 2016

Knoedler Trial Day 9 (UPDATED 2X)

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" I think she may have brought it over in her car ." ("It" being an $8.3 million "Rothko.") UPDATE:  Purch...

"Art Dealer Is Arrested on Charges of Selling Fake De Kooning Artworks" (UPDATED)

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Brian Boucher has the story here . UPDATE:  More details about the charges here .
Wednesday, February 03, 2016

Knoedler Trial Day 8 (UPDATED 2X)

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Run like hell . UPDATE:  Laura Gilbert:  " So far, seven of the 11 people listed have testified that they did not authenticate the wo...