Monday, May 30, 2016

BREAKING NEWS: Some art is held in storage (UPDATED)

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The New York Times is on it . Something must be done! UPDATE:  The Art Market Monitor:  " Taken together, the stories betray a leve...
Saturday, May 28, 2016

Extradition Request in Knoedler Case Denied (UPDATED)

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Glafira Rosales's boyfriend.   Health reasons . UPDATE:  More here from Eileen Kinsella at artnet.

"You can’t copyright an idea." (UPDATED)

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Lit pigeons edition . UPDATE:  Once again, a dissenting view from Sergio Muñoz Sarmiento:  "This isn’t so much about copyright as it...
Wednesday, May 25, 2016

"What I found was an art world that is this closed, secretive world."

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Barbara Pollack profiles Meridith Savona and the FBI's Art Crime Team.

60 Minutes did a thing on the Knoedler case this weekend

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You can see it here .  Features appearances by friends of the blog (and Advanced Topics in Art Law guest speakers)  Jack Flam , Greg Claric...
Monday, May 23, 2016

"That magic trick illustrates the fundamental absurdity of treating contemporary art as an investment vehicle." (UPDATED 3X)

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"In one simple statement, the creator took these 'assets'––ostensibly worth thousands of dollars each––and rendered them worthl...

So This Is Chrismas

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" The outlook for Douglas Chrismas, the founder of one of Los Angeles’s oldest and largest galleries, seems to be growing bleaker by th...

"Prosecutors allege that Zukerman engaged in a complex scheme to avoid paying New York State sales and use taxes on the purchase of those paintings."

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Sales tax crackdown continues .

"A settlement was reached in a skirmish over ownership of Pablo Picasso’s plaster 'Bust of a Woman,' according to a filing in New York federal court."

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Breaking news .  Background here .
Thursday, May 12, 2016

Tell me again about the public trust (Warhol Museum edition)

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" The museum traded deaccessioned works from its collection for the painting ."

"Jasper Johns, Robert Rauschenberg, and the Case of the Missing Flag"

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By Greg Allen .

"NYS is currently focusing on the use of resale certificates (which exempt a purchase from sales tax) in connection with art purchases."

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Diana Wierbicki and Seth Cohen:   How Art Collectors Can Stay Out Of Tax Trouble In New York .

Simchowitz Settlement

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Story here .  Background here .
Friday, May 06, 2016

Tell me again about the public trust (somehow, the museum has made peace with parting with more than 600 pieces of Chinese ceramics edition) (UPDATED)

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The Met is selling them at Christie's.  They have 3,600 other Chinese ceramics, so it's not like selling off 15% of them is that bi...
Thursday, May 05, 2016

"By digitizing and replicating objects of cultural heritage, we risk inviting a host of legal disputes over access and ownership."

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An interesting piece in the Boston Globe a few days ago by Sonia Katyal and Simone Ross, on (among other things) 3D printing, art, and copy...
Tuesday, May 03, 2016

"We are committed to rooting out tax abuses wherever we find them, especially in the art world, where the difference can be hundreds of thousands — if not millions — of dollars in lost tax revenue" (UPDATED)

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NYT:   Developer Aby Rosen to Pay $7 Million in Suit Over Unpaid Taxes on Art . UPDATE:   Tim Schneider thinks Rosen got a raw deal:  ...
Saturday, April 30, 2016

"'I’d collar the guy in pink' — that would be Jesus — 'because it’s clear that he’s causing all the trouble.'"

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Teaching police officers to see better through art .

"It is a typical example of what can go wrong in a big company."

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Lego admits it was a mistake to refuse Ai Weiwei's request for a bulk order last year.  This one was easy to see .
Wednesday, April 27, 2016

Felix Salmon annotates Amy Cappellazzo

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Self-recommending .
Tuesday, April 26, 2016

Big Fake

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ARTnews has a long post-mortem on the Knoedler trial.