Wednesday, April 09, 2008
Arbus auction off
Previous post on the lawsuit here.
Tuesday, April 08, 2008
"Simply to give with no tax benefit to himself is a remarkable gesture"
I can think of one thing that would help the cause here in the U.S.
Monday, April 07, 2008
"As a lot of people figure out, it's really complicated to run an art museum"
"What experts described as the largest private sale of art ever"
More from Kate Taylor in the New York Sun.
Vogel's story included this interesting tidbit:
"Perhaps the most famous painting she owned — Mr. Rauschenberg’s 1959 'Canyon' — will never leave the collection .... In its center is a stuffed bald eagle that cannot be sold because of a federal prohibition on trafficking in endangered species."
Boetti Bout
"In what is turning into a very nasty case there have been lawsuits filed between Sperone Westwater and the Archivio Alighiero Boetti (and some family members) over the authenticity of works exhibited and sold by the gallery in 2002. After being sued in Italy the gallery filed a detailed suit in NYC outlining allegations of reneged authentications over Boetti artworks shown and sold in the US."
Fisk to Appeal (UPDATED)
Lee Rosenbaum was tipped off about this several weeks ago.
UPDATE: More from Richard Lacayo.
Friday, April 04, 2008
Intrepid Lawsuit
For its part, the museum is playing the Guilt Card: its president is quoted as saying, "We are surprised and disappointed to hear of the filing of this lawsuit have referred this matter to our insurance representatives." He added that the museum had "limited resources" and "this unfortunate action detracts from our carrying out [our] critically important national mission."
Wednesday, April 02, 2008
In the long run . . .
"I don't have a lot of sympathy for those who bemoan contemporary art and seek a return to the old-masters. Appreciating formalism is one thing; crusading against contemporary art in order to correct an alleged cultural imbalance is something else entirely. When you buy a piece of art from a living artist you are funding her next project; you are allowing her to continue with her work. What does it matter to Rembrandt how much his painting sells for?"
"Recognizing a descendible postmortem property right has federal estate tax consequences that state legislators appear not to have considered"
"Legislators, proponents of these laws, and legal commentators have overlooked two significant federal estate tax consequences of these new state law property rights. First, a descendible right of publicity likely will be included in a decedent’s gross estate for federal estate tax purposes. Second, the estate tax value of rights of publicity easily could exceed the estate’s liquid assets available to pay taxes. These tax concerns could be eliminated, however, by rewriting the statutes to limit a decedent’s ability to control the disposition of any postmortem rights of publicity."
Similar legislation is still pending in New York.
Tuesday, April 01, 2008
"Without freedom, no art"
The decision is here. The 1997 case is here.
Monday, March 31, 2008
Marilyn Monroe News
Background here, here, and here.
Sunday, March 30, 2008
"Seems like it might be more efficient to set prices through a virtual prediction-type market for works displayed on the web"
Thursday, March 27, 2008
"I'm an artist and do not enjoy the litigation process, but if someone is wrongfully taking from my creations, I must defend my art."
Wednesday, March 26, 2008
Esmerian Sale
Esmerian tells Bloomberg he got caught up in the sub-prime crisis: "Suddenly in the last year, we've had pressures from the marketplace to clear up a few debts.''
For background, see here.
"The issue is fantastic"
"I'd love to try this case - the issue is fantastic. If Rauschenberg throws away his work product, does the law of abandoned property apply? Does the artist retain the right to declare what work is authentic? Does the artist still own his artistic materials - even if he discards them as unusable or undesirable? And how do those questions apply to long deceased artists? For example, can an auction house sell a Rodin sketch as an authentic Rodin if it was merely discarded work product that he used to create a completed piece of art?"
Tuesday, March 25, 2008
Pixxxellated
"He could be upwards of $100 million in debt"
Gardner Heist Central
"The case is groundbreaking because there is no real precedent on these facts under the Visual Artists Rights Act"
Barnes Argument
According to the Inquirer, "Ott asked no questions during oral arguments yesterday, saying only that a decision would be issued 'as expeditiously' as possible."
Lee Rosenbaum "very reluctantly find[s] the foundation's 'too little, too late' argument against reopening the case to be legally (but not ethically) persuasive." Tyler Green sees "cause for mild optimism." I had some thoughts on the Friends of the Barnes's recent papers here.
Friday, March 21, 2008
"Proceed with caution and seek guidance"
More on Photographs as Derivative Works
Patry's reaction: "Praise the Lord."
Wednesday, March 19, 2008
$131 million
Greg Allen asks: "Is a deal not to sell the building 'for an extended period' substantively different from a plan to sell the building after 'an extended period'?"
Tuesday, March 18, 2008
Barnes Update
Dr. No Strikes Again
Monday, March 17, 2008
"If the allegations are true, the collapse of Salander-O’Reilly would be among the most massive art frauds in history"
Kristen (UPDATED)
Tushnet also adds that "Dupre's potential publicity rights, which [her] lawyer's quotes seem to focus on, are stronger in some ways, but much weaker in others. Specifically, news reporting use of her identity will not violate her publicity rights no matter how much her cleavage is used to sell papers."
More here from Photo District News Online.
UPDATE: Sergio Muñoz Sarmiento agrees the fair use case is strong, but, just in case he runs into any trouble for publishing one of the photos, has identified just the right counsel to represent him.
And Kunal Bhatheja has more on the publicity rights angle: "As long as a picture is in the context of something 'newsworthy' it withstands a claim under [the New York publicity rights statute] – even if it is placed or used in a manner designed to sell the publication."
18 years, 18 years
Thursday, March 13, 2008
Remington Update
More on the Rauschenberg Suit
Wednesday, March 12, 2008
Strindberg Recovered
Tuesday, March 11, 2008
"If you are scratching your head and wondering what went wrong, you are not alone"
Monday, March 10, 2008
Interest-ing (UPDATED)
Meanwhile, Tennessean columnist Dwight Lewis is pleased with the Judge's focus on "the public interest." I'm still puzzled by this whole approach. I'm as in favor of the public interest as the next guy, but isn't it also in the public interest that Fisk be able to field NCAA athletic programs? Isn't it in the public interest to improve the chances of Fisk's very survival as an institution? And how exactly are we supposed to measure the effect of various states of affairs on the public interest? If Fisk keeps the entire Stieglitz Collection, but has to cancel its NCAA sports program and make who knows what other sacrifices as a result of its precarious financial condition -- what is that, like a "72" on the public interest scale? But if Fisk gets to keep 99 out of the 101 works in the collection (plus the right to exhibit one of the other two for four months every four years) but also ends up with $25 or 30 million to solve lots of its other problems -- is that a "70"? Or, what if it gets to share ownership of the collection with a new museum in, say, Arkansas, so that it winds up with $30 million in the bank and anyone who wants to see the works just has to time his visit for the right part of the year? What public-interest score does that get? In short, the "public interest" game gets pretty slippery pretty fast. It's easy to wave your magic wand and say "public interest" -- in an ideal world of course it would be best for Fisk to keep all of the works (at least for the people of the state of Tennessee; perhaps not so much for the people in Arkansas) -- but the question is always compared to what? It's not at all obvious to me that the current state of affairs is, on the whole, better than some of the alternatives that emerged during the course of the litigation.
UPDATE: Related thoughts on "the public interest" here.
Mistakes were made
Campus Controversies
"I'll move on. I have many other murals"
Saturday, March 08, 2008
Over (UPDATED 2X)
There's a statement here from the group opposing the sale.
UPDATE: More here from Lee Rosenbaum.
UPDATE 2: Still more from Richard Lacayo.
Friday, March 07, 2008
"Butt artist" settlement
For background, see here. The case was set for trial next week.
Thursday, March 06, 2008
Fisk "Wins" (UPDATED 2X)
I still don't know why it took more than two years (and who knows how much in legal fees) to get here. Lee Rosenbaum is thrilled. Fisk's NCAA athletic programs were not available for comment.
UPDATE: Richard Lacayo says the decision is a good one: "When the school gets back on its feet, it can restore its sports program. If the art were sold, it would be gone for good .... With a $1 million grant from the Andrew W. Mellon Foundation, and the pledge of $2 million more if the school can raise $4 million by June 30, Fisk may be on the way to recovery. And when it gets there, it will still have a collection that should never have been put in play in the first place."
UPDATE 2: More from Diverse magazine, which calls the ruling "a tough blow to the O’Keeffe Museum, [which] has spent hundreds of thousands of dollars over the past two years" on the lawsuit, and "a win and loss for Fisk. It too has spent hundreds of thousands of dollars trying unsuccessfully to have the court declare Fisk has sole control over the collection so it, Fisk, could sell parts or all of the collection to raise badly needed funds for the school."
Coulda shoulda woulda
I'm also not convinced they've solved their standing problem.
The papers do address the mystery of why the "secret" inclusion of $100 million in the 2002 state budget to support the move is supposed to help the Friends' case. (I discussed this issue in the second update to this post.) The idea is supposed to be that "had the existence of this legislation" been brought to the court's attention prior to the 2004 ruling, it "could have ascertained whether" the commitment "was capable of being translated into any level of financial support" for the Barnes in its original location.
The Barnes has 30 days to respond.
Wednesday, March 05, 2008
"We are sad to lose this iconic work"
"To have to go through this process at this stage of their career is too bad"
Adding an especially sad element to the case, "the Times of London reported in September that cancer that Van Bruggen had battled for six years had spread to her bones."
Point of agreement (UPDATED)
UPDATE: More here from The Artist's Magazine blog.
Disclaimers
Tuesday, March 04, 2008
Back on View
"It may be that some donors submit inflated appraisals because they know they probably won't get caught"
Monday, March 03, 2008
"A spectacular own-goal"
First, Mass MoCA's Joe Thompson is quoted as saying the documents are being kept hidden because they "include the names of donors and others who he feels should have the right to privacy." But we have repeatedly invited the museum to redact out any donor or bank-account information they think appropriate. (In my last letter to the museum's lawyers, I wrote: "As I have said before, we are willing to accommodate any legitimate confidentiality concerns the Museum may have through the redaction of bank account details and the like. But the Museum has no right to restrict Christoph's ability to speak about what happened in North Adams simply by applying a 'Confidential' stamp to documents it wishes did not exist. As a nonprofit, Mass MoCA has a duty to the public to be completely open about its finances, operations, and activities.")
Second, and Kennedy mentions this but I think it bears further emphasis: if the museum had had its way, all of the documents it produced would still be confidential. In August, the museum made a motion to have all documents and other discovery kept from public view. The court, quite properly, rejected the request. Sergio Muñoz Sarmiento covered this in depth last summer. As he said then, "it boggles the mind that an art institution--traditionally against censorship and creative restrictions--would try to enforce the silencing of artistic voices through force of law."
One last point. Near the beginning of the piece, Kennedy notes that Mass MoCA "sue[d] Mr. Büchel in federal court, asking for the right to open to the public an immense installation that Mr. Büchel had been assembling for months." I was glad to see that because from time to time I hear it said that what the museum sued for was a mere "declaration of its rights," that it was afraid that, if it canceled the show and took the work down, it would be sued for that and so it had no choice but to go to court to find out what it was permitted to do. Not so. From the beginning, we asked the museum to dismantle the work, and they refused. As we said in one of our briefs to the court, "Büchel has no [objection to taking down the work and putting its components in a landfill] and, in fact, believes that the foregoing is part of the appropriate remedies to which he is entitled. Simply put, MASS MoCA can -- and should -- remove the unfinished 'Training Ground for Democracy' from Building 5 and dispose of it." The museum continued the lawsuit not because it wanted to know "what its rights were," but because it wanted a particular outcome, and that outcome was to show the unfinished work to the public over the artist's objections.
Lawyer Virginia Rutledge also gets this right in her piece on the case in the new Artforum. She notes that "Mass MoCA asked the District Court of Massachusetts to declare that the museum was legally entitled to display Büchel’s unfinished work" (and also points out that this was "the first time a US art institution has ever sought legal sanction to present work against an artist’s will"). She also does a good job highlighting "Mass MoCA’s astonishing and troubling arguments regarding the status of Büchel’s work as art," including its argument that "because of the collaborative nature of the project, Mass MoCA was a 'joint owner of any copyright'" (an "insult," she adds, that "cannot easily be taken back").
Withers Bergman's Daniel McClean also gets it, in his piece on the case here (it starts on p. 7): "Mass MoCA took the highly unusual step of applying to the court for a declaration that Büchel would not be able to prevent it from displaying his disclaimed exhibit." McClean's conclusion is that "Mass MoCA scored a spectacular own-goal": "Aside from the waste of public funds involved, the [case] must be viewed as creating an unfortunate precedent, not least for striking a blow to artists' moral rights in the United States."
Friday, February 29, 2008
Lost and Found
I think we can rule out the finder, as he seems to recognize (he says he would like the heir to get them, though he "would like the court to compensate him, too, covering his expenses and maybe throwing in a little reward"). As between the insurer and the heir, typically an insurance company acquires whatever rights the insured has to the paintings when it pays off a claim, so unless there was something unusual about this particular situation, the insurer would seem to have the pole position.
Sotheby's Suit
"Frank Boye has sued Sotheby’s alleging 'breach of contract and breach of fiducuary duty regarding two paintings by Paul Fisher and wrongly delivered by the defendant to the wrong person on 2006 after receipt of due notice of ownership.' They seek $ 1 million."
Thursday, February 28, 2008
Didn't get the job
"It appears Rauschenberg threw this stuff away. It is not like he's creating phony Rauschenbergs and putting his name on it"
The defendant's lawyer is quoted as saying: "Rauschenberg is an incredible artist. But what happens when that incredible artist discards material? Do the laws of abandonment apply?"
The only similar lawsuit I'm aware of is Frank Stella's 1982 suit against dealer Stephen Mazoh, which involved two damaged paintings he intended to throw away but which disappeared from the landing outside his studio and ultimately found their way to Mazoh's gallery. The case settled, with Stella recovering the works and destroying them.
Another reminder that anti-deaccessionism has its costs
"Since, at present, there is no legal definition of 'forced sales,' courts are in the process of defining them"
Wednesday, February 27, 2008
Act Now
She also has more on the increasing use of guarantees at Sotheby's over the last three years.
Sticky
Monday, February 25, 2008
"I would like to be employed by my gallery to turn the stuff there -- the art -- into money so I can repay the debts I owe"
Sunday, February 24, 2008
Randolph Update
The momentum seems to be staying with
Art Law Op-Eds (UPDATED)
It was art law day on the New York Times op-ed page yesterday. First, former State and Justice Department official Allan Gerson wrote about the "From Russia" exhibition at the Royal Academy of Arts that was nearly canceled until the British Parliament enacted special legislation providing immunity to Russia against any ownership claims with respect to the loaned paintings. He argues that "the sad truth is that the British government and the
Also, Eliane Karp-Toledo, the former first lady of
UPDATE: Derek Fincham has some thoughts on the Machu Picchu issue.
Friday, February 22, 2008
Platforms
Fisk Trial Ends
The Fisk-O'Keeffe trial is over. Judge Lyle promised a ruling within 30 days.
Richard Lacayo notes: "If the O'Keeffe Museum gets its way, it seems to me it will be a Pyrrhic victory in public relations terms. Does the O'Keeffe really want to be known as the museum that seized an entire collection, an important teaching resource, from an historically black university?"
Thursday, February 21, 2008
1031 Update
For more on art and Section 1031, see here.
"Double Threat" Crime?
"Mr Parisot wanted to give a fraudulent provenance to the drawings so that he could increase the prices for her work"
Wednesday, February 20, 2008
Wal-Mart Suit (UPDATED)
UPDATE: More here.
Tuesday, February 19, 2008
More More Moore
Fisk Trial Underway
Monday, February 18, 2008
BREAKING: Paintings Found? (UPDATED)
UPDATE: Confirmed. Two of the four paintings have been recovered. "Police said they found the two paintings in a white car that was parked on the precinct of a mental hospital which is only a few hundred meters away from the private collection, which is located in an exclusive residential area in Zurich."
Kids Today (UPDATED)
UPDATE: Decision reversed. Young Cranach is in the clear.
Sunday, February 17, 2008
Butt For Cause?
"The mundane reality is that many art thieves are simply not the sharpest grappling hooks in the toolbag" (UPDATED 2X)
Related article from a few days ago at cnn.com: "Everyone wonders, 'Why steal something you can't turn to cash quickly?' Art thieves do a simple risk versus reward evaluation, said Corine Wegener, associate curator of the Minneapolis Institute of Arts. Thieves know that 'even if they receive only a fraction of the work's market value, the cash gained was at low risk of death or injury -- museums can be a relatively soft target,' said Wegener."
UPDATE: Andrew Johnson in the UK Independent covers a lot of the same ground as Kennedy, as does Eric Gibson in the Wall Street Journal (Dr. No makes an appearance in all three pieces). CBC News talks to art theft scholar Noah Charney, who says "this is a classic example of contemporary theft by organized crime syndicates of works of art that will be used most probably for barter or collateral on a closed black market for equivalent value of other illicit goods like drugs or arms." Finally, an article in Slate looks at why it's so easy to steal art in Europe (short answer: "Smaller galleries and no guns").
UPDATE 2: More on Dr. No from Derek Fincham.
Saturday, February 16, 2008
More on "To burn or not to burn?" (UPDATED)
Tom Stoppard has now weighed in on the "burn" side: "It’s perfectly straightforward: Nabokov wanted it burnt, so burn it."
Tyler Cowen goes with "not burn": "Dead people don't count in the social welfare function. ... Nor is there an incentive problem. If we release Nabokov's papers as a book, maybe the next Nabokov will burn the manuscript in the first place. We're no worse off, compared to not releasing such manuscripts. Kafka told Max Brod to burn his works, but we're all glad Brod didn't. Think of the current generation as a player in the multiple selves game of the author (he could have burnt it himself long ago) and then the right answer is obvious." He also adds, in the comments: "A simple question to ask yourself is whether you would respect the wish of a parent to have a million dollar funeral, out of your money. The book manuscript is worth much more than that."
UPDATE: Tyler gets a lot of pushback in the comments, and responds here ("we limit all sorts of destructive transactions for the living, so why not every now and then a limitation upon the wishes of the dead?").
Randolph College News
Thursday, February 14, 2008
Resolved
Manslaughter Charge (UPDATED)
UPDATE: Ed Winkleman: "In the case of Mr. Agis, who is 76 years old, and whose piece worked perfectly for 10 years before this freak accident, a charge of manslaughter strikes me as political scapegoating. Yes, the victims deserve justice, but will imprisoning this man really bring them such?"
Fisked Messages
"Oh, poor forgetful Fisk University. School officials there have spent the last two years begging the Davidson County Chancery Court to let them sell artwork from the Alfred Stieglitz Collection .... Chancellor Ellen Hobbs Lyle ruled last June that Fisk couldn’t pawn any of the works, explicitly outlining that the art 'was not given to Fisk to use as a source of revenue.' Fisk apparently didn’t get the memo. ... [T]hey asked Lyle yet again for the legal right to sell out—er, sell off the collection—this time to Wal-Mart heiress Alice L. Walton, who was hoping to showcase the art six months a year in her museum in podunk Arkansas. Last Friday, Lyle again told Fisk officials what they should’ve already known by now: They can’t sell the art."
As I mentioned yesterday, however, this overlooks the fact that in her September ruling rejecting a proposed settlement with the O'Keeffe Museum, Lyle practically ordered Fisk to make a deal with Walton's museum.
Wednesday, February 13, 2008
More on the California Raids
"These federal raids on the Silk Roads Gallery in Los Angeles and on four California museums raise an interesting set of links between foreign, state and federal law. At issue is the illegal importation of antiquities from Myanmar, Thailand and China. Put aside the fact that since 2003, the U.S. has banned the import of all Burmese products.
"Since 1961, Thailand has made buried, concealed or abandoned antiquities state property. Other antiquities may be exported only with a permit. Permits are never granted. Since 1982, China makes all undiscovered antiquities state property.
"Cal. Penal Code §497 makes it a state crime to bring into the state property stolen or received in another state:
Every person who, in another state or country steals or embezzles the property of another, or receives such property knowing it to have been stolen or embezzled, and brings the same into this state, may be convicted and punished in the same manner as if such larceny, or embezzlement, or receiving, had been committed in this state.
"The Archaeological Resources Protection Act, 16 U.S.C. § 470ee (c) makes trafficking in archaeological resources wrongfully obtained under State or local law a federal infraction:
No person may sell, purchase, exchange, transport, receive, or offer to sell, purchase, or exchange, in interstate or foreign commerce, any archaeological resource excavated, removed, sold, purchased, exchanged, transported, or received in violation of any provision, rule, regulation, ordinance, or permit in effect under State or local law.
"Does this combination of foreign, state and federal laws make the National Stolen Property Act almost irrelevant in states with laws like California’s?"
Tuesday, February 12, 2008
Fiskier
Of all the strange aspects of the case, two stand out to me as the strangest.
The first is timing, or chronology. If it's contrary to O'Keeffe's intentions that any part of the Collection be sold, fine -- but then what have we been doing all this time? Why wasn't that finding made right at the beginning of the case? And how to explain the court's September ruling rejecting a proposed deal with the O'Keeffe Museum "in light of the possibility of securing a more advantageous solution with Crystal Bridges"? What was that about?
The other issue has to do with the O'Keeffe Museum's status as the successor to O'Keeffe. If this really is a matter of donor intent, then why couldn't the museum agree to waive this or that condition of the gift? I mean, if O'Keeffe were alive, and she had worked out a deal with Fisk like the one the museum, as her successor, worked out in the fall -- what sense would it make to say that deal was contrary to O'Keeffe's intent? She's the one making the deal. And if that's right, why should it be any different for the O'Keeffe Museum as her successor?
What am I missing?
Bio-art Sentence
For background on Kurtz, see here.
"As in all cases involving the theft of well-known artworks, the mystery is what the thieves intended to do with the paintings"
Ed Winkleman applies Occam's Razor: "Stealing artwork this famous strikes me as evidence of stupidity .... In this instance, I suspect the thieves saw an easy heist and didn't think much past that point. This deficiency will hopefully add to the swiftness with which they are caught."
Monday, February 11, 2008
No bids?
247WallSt.com's John Ogg says it's a business erosion story: "Getty Images has a business model that is at risk in a wiki world with low-cost of entry for start-ups. In fact, it has seen more competitors launch competing interests over the last 12 to 18 months than it can possibly fend off. ... The value of stock photos just isn't quite what it used to be. You just don't have to pay that much for digital stock photos anymore. Because of the long-standing contracts that Getty has with major sports and entertainment venues, there is still a value to this company. But that value is capped because no one needs to use their photos for news, travel, design, reference and more. Alternatives are readily available for one-tenth of the cost."
"Might have been the largest art theft in Europe"
"Armed robbers stole four important paintings by van Gogh, Monet, Degas and Cézanne from a museum in Zurich, the Swiss authorities announced Monday .... Three thieves, wearing dark clothes and ski masks, walked into the Emile Bührle Foundation, a private collection housed a couple of miles outside of Zurich’s city center ..., around 4:30 p.m. on Sunday, a short while before the museum was due to close. ... While one held a pistol and ordered visitors and staff members to lie on the floor in the main room of the museum, the two other men removed the four paintings from the wall: Monet’s 'Poppy Field at Vetheuil,' 'Ludovic Lepic and his Daughter' by Edgar Degas, Van Gogh’s 'Blooming Chestnut Branches,' and Cézanne’s 'Boy in the Red Waistcoat.' Their total worth is estimated at $163 million."
Why would someone steal such well-known works? Derek Fincham can think of four possibilities.
Lee Rosenbaum reminds us of a previous occasion when the Bührle Collection was in the news.
Sunday, February 10, 2008
"This building is ... magical. It’s different. You can’t replicate it"
Saturday, February 09, 2008
More Fisk Follies
The next step is a trial beginning Feb. 19 to determine whether the entire collection should be turned over to the museum because Fisk has failed to comply with the conditions of O'Keeffe's donation.
So what's happened over the last few months is that Judge Lyle rejected a settlement between Fisk and the museum on the grounds that it was not in "the best interests of the people of the State of Tennessee" since there was a better offer available from Crystal Bridges -- but now she says Fisk isn't permitted to accept that better offer (leaving one to wonder in what sense it was ever "available" in the first place). And, to top it all off, there remains the possibility that the entire collection will be forfeited and end up in New Mexico.
Just bizarre.
I said nearly a year ago that supporters of the university, many of whom cheered the decision to reject the proposed settlement with the museum, "may come to regret the decision to leave twenty million on the table just because it wasn't forty," and that certainly seems more true than ever today: if the museum prevails at trial, Fisk will have gone from a situation where it would have had $20- or $30-million (or more) in cash and 99 of the 101 pieces in the Stieglitz Collection (not to mention the right to exhibit the signature work in the collection about 8% of the time) to a situation where it has . . . nothing.
Friday, February 08, 2008
More Stolen Picassos
"Two paintings by Pablo Picasso have been stolen from a Swiss exhibition. The artworks were stolen on Wednesday after closing time at the show of the artist's work in the small town of
Derek Fincham: "[T]hese works will never be sold on the open market, they are too widely known. I think a more interesting issue is security when these works are loaned out to regional museums like this one, which was the problem with works stolen in Nice last August. I think there are a lot of benefits to loaning works, and sharing collections; however there are trade-offs. Often these smaller regional museums have less-sophisticated security systems given their smaller budgets and collections."
Thursday, February 07, 2008
Penn Portraits
"Weston Naef, the Getty’s senior photography curator, said that the museum had been working to acquire the series for more than five years, but the sticking point had been copyright ownership of the images. In many cases, he said, Mr. Penn and Condé Nast ... share the copyrights to Mr. Penn’s images. And the Getty, which had long insisted that it be given copyright power over the trade series, along with the master set of the photographs, decided in the end to abandon the copyright demand."
The sale was negotiated by Pace/MacGill. No word on the price.
No Fisk Delay
Bribery Charge
Wednesday, February 06, 2008
"He invokes the law of the street — finders keepers, losers weepers"
The story hints that, unlike the typical recovered work scenario (which pits an innocent third-party purchaser against the victim of the theft), here the current owner may not have the cleanest of hands: it notes "some odd coincidences" in the case, including that the current owner, "a man who has admittedly lived a hard-knock life," was "raised on Broome Street a few blocks from the gallery ... where the painting was stolen in 1998. Some public records show he lived there at that time, though Mr. Beltrez said he moved in 1989."
Chris Marinello, general counsel of the Art Loss Register, is quoted as saying a police investigation of the theft was continuing, but no criminal charges had yet been filed.
Salander Protocol
As Boroff notes, it's unclear how much would actually be resolved by such a procedure:
"Proceedings may be contentious, lawyers said, with First Republic [which is owed tens of millions of dollars by the gallery and by Salander individually] casting a long shadow. Its loans are secured by a lien [against] all 'property of every kind and nature' of the gallery, according to a Jan. 3 court filing."
Remington Trademark Lawsuit
Randolph Update
Tuesday, February 05, 2008
"His articulated artistic justifications for his juxtapositions make the transformative and critical nature of his copying evident"
Is a photograph of a sculpture a "derivative work"?
"Photographs of other objects are not derivative works of those objects. First, a photograph of an object is not 'based on' that object: It is a mere depiction of it. Second, even if one were to find that a photograph of an object is based on that 'preexisting work' within the meaning of the definition of 'derivative work' in Section 101, such a photograph must still 'recast, transform, or adapt' the authorship in the preexisting work to be considered a derivative work. Such recasting, transformation, or adaptation does not occur in a photograph of an object."
Monday, February 04, 2008
Trafficking in tax deductions?
"Applications for the warrants said under the scheme, that smugglers and art dealers were selling prehistoric artifacts to Americans, who were provided with inflated appraisals. Then the art dealers arranged for the items to be donated to the museums, so the donors could take a tax deduction. ... According to the warrants, many of the artifacts were sold to the donors for around $1,500 each and then appraised at prices just shy of $5,000. (Above that amount the paperwork requirements on a tax return grow stiffer.) For a taxpayer in the maximum tax bracket, the savings would be only about $700 a piece."
$700 seems a tad low, but in the right ballpark. The mention of "stiffer paperwork requirements" is a reference to the fact that it's at $5,000 that the need for a "qualified appraisal" kicks in. See IRS Form 8283.
Fisk Follies
It's another weird twist in a weird case, and I think to a large extent it's an inevitable consequence of the Chancery Court's decision to frame the analysis as what's in the best intersts of the people of the State of Tennessee, and then tackle that question in a serial way. So the proposed deal between Fisk and the O'Keeffe Museum was rejected because the Crystal Bridges Museum had put a better offer on the table (though, as I've argued, it's not so clear that it is in fact better). And now the Crystal Bridges deal might be rejected because another "better" offer has come along, even if it's on behalf of a museum that doesn't yet exist. What if yet another offer emerges while approval of this latest offer is pending? And who gets to decide which of these in many ways incommensurable offers is the "best"? The Court? Or the Attorney General, as the representative of the people of the State of Tennessee? If the latter, why not remove the process from the courts entirely and let the Attorney General just solicit all bids by a certain date and then make a decision (after all, who cares what Fisk thinks, right?). Don't forget, too, that the O'Keeffe Museum still has a counterclaim that the entire Collection should revert to it as a result of Fisk's violation of the terms of the original bequest. Wouldn't a more rational procedure have been for the Court to decide that counterclaim first and then, if it was denied, either let Fisk exercise its discretion to decide which transaction to pursue (my preferred outcome) or, if a best-interests-of-the-people standard were deemed preferable, charge the Attorney General with coming up with a process to ensure that the standard is met to his satisfaction? Or would that make too much sense?