Wednesday, April 30, 2014

Jail Time for Nahmad

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A year and a day .
Tuesday, April 29, 2014

"I think I could really teach young people in a good way and hopefully introduce them to a world they might otherwise never visit."

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The New York Times:  Art Dealer Seeks to Avoid Prison .
Monday, April 28, 2014

Is inequality good for art?

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From Tyler Cowen's review of Piketty: "Piketty fears the stasis and sluggishness of the rentier, but what might appear to be sta...
Sunday, April 27, 2014

It's "disgusting people are allowed to go around displaying art on walls without getting permission."

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Says Banksy .
Friday, April 25, 2014

An International Perspective

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My friend Massimo Sterpi has co-edited a new title, The Art Collecting Legal Handbook.   Check it out .

"Protecting collectors, it's not our job. I don't think putting the burden of that due diligence on an artist estate, especially in the absence of sufficient legal protections, is appropriate."

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That's Michael Straus, chairman of the Warhol foundation, making good sense in this Wall Street Journal...
Thursday, April 24, 2014

"Looks like another Visual Artists Rights Act lawsuit in the city that loves its murals."

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Via Sergio Muñoz Sarmiento .
Tuesday, April 22, 2014

"The question now is whether the old cases upholding the poison pill will still apply in the case of activism."

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" This is the fundamental question in the Sotheby’s case ." Good piece from Steven Davidoff in the Times a few days ago on the b...

"The show marks a victory lap for the artist and the gallery."

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Dan Duray on the upcoming Richard Prince Canal Zone show at Gagosian.

"Preet Bharara, the United States attorney for the Southern District of New York, said the charges 'paint a picture of perpetual lies and greed.'"

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Indictment unsealed in the Knoedler-Rosales case .
Monday, April 21, 2014

Another arrest in the Knoedler case

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Spanish art dealer Jose Carlos Bergantiños Diaz , Glafira Rosales's boyfriend.  Rosales plead guilty in September and "has been c...

Is copyright out of control?

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Alex Tabarrok thinks so.

Piketty and the Art Market

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" Although art is one of the few subjects not mentioned in the index of Mr. Piketty’s 685-page opus, it is worth considering how the un...

"A Bankruptcy Court meeting of creditors is set for April 29 in Los Angeles."

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The LA Times has some details regarding the Perry Rubenstein Gallery bankruptcy filing.
Wednesday, April 16, 2014

"The artist is outside the state, the buyer's outside state, the property's outside the state."

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It's always risky to read too much into oral arguments, but things did not seem to go well for the plaintiffs in the Ninth Circuit in th...
Tuesday, April 15, 2014

The AAMD might be forced -- with regret -- to sanction the hell out of the Delaware Art Museum

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What choice do they have, really ? It's not as if it was "a difficult -- indeed, agonizing -- decision" on the part of the m...

"The latest deal — which comes after separate accords with two global banks and unsecured bondholders — could hasten the city’s emergence from bankruptcy and speed the city’s plans to reinvest in services."

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Getting close in Detroit .
Monday, April 14, 2014

"The tax strategy is 100 percent legal, experts say, as long as all stages of the museum transfer are handled correctly."

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There was a terrific piece by Graham Bowley and Patricia Cohen in the Times over the weekend on a "lucrative, little-known" maneu...
Wednesday, April 09, 2014

"According to court documents filed Wednesday, investors are willing to pay or make loans of close to $2 billion for the masterpieces inside the Detroit Institute of Arts" (UPDATED)

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Emergency manager Kevyn Orr says it isn't going to happen -- he says "we have no intention of selling art" and also correctly...
Monday, April 07, 2014

Shades of grey (UPDATED)

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Let me recommend this really good piece on the situation in Delaware, by Timothy Rub of the AAMD. Instead of the usual approach of this-i...