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New York law change aims to protect artists when galleries go bust

20 May 2013

Dealers in New York can no longer use works consigned to them for sale by artists – or monies raised from their sale, beyond their own commissions – as debt collateral.

Dealer News

International

Appeal Court ruling deems Reynolds masterpiece a wasting asset after long-term loan

04 April 2013

How do you convert a £9.4m Old Master painting into a capital gains tax-exempted “wasting asset”?

News

Supreme Court to review ruling over consignors’ names being revealed

18 February 2013

New York’s highest court has decided to review a recent ruling that says salerooms in the state must reveal consignors’ names to buyers.

International

New York case puts moral rights back in the spotlight

10 December 2012

A recent court case in New York has reinforced the importance of the often overlooked issue of artists’ moral rights.

International

Shock ruling to reveal names of consignors

23 October 2012

Christie’s have joined auctioneers William J. Jenack in a bid to overturn a legal ruling that says New York salerooms must reveal consignors’ names to buyers.

News

Greek strikes delay Hay appeal

15 October 2012

Malcolm Hay, the dealer controversially convicted by an Athens court of trading in illegally excavated antiquities, has learnt that the hearing of the appeal he lodged in March 2011 has been delayed until February 1, 2013 owing to disruption caused by strikes in Greece.

News

Expert witnesses lose immunity from civil claims

21 May 2012

The English Supreme Court has ruled that expert witnesses will no longer enjoy immunity from civil lawsuits when giving evidence in either civil or criminal legal proceedings.

News

Sotheby’s not negligent over Coleridge chain

12 March 2012

THE High Court has ruled that Sotheby’s were not negligent in cataloguing and valuing a judge’s gold chain of office as late 17th century rather than a spectacularly rare survivor from Tudor times.

News

Earliest surviving ‘official’ Monopoly set makes $120,000

21 February 2011

AN original Monopoly set offered as part of the toy collection of publisher Malcolm Forbes (1919-1990) and his sons made $120,000 (plus premium) at a recent auction at Sotheby's New York.

MP calls for Bill to outlaw the buyer’s premium

01 July 2002

AN MP who has described himself as a lifelong attender of auctions has told Parliament he wants to introduce a Bill that would outlaw the buyer’s premium.