I am pleased to be speaking on a panel at the upcoming Global Auction House Summit presented by Invaluable, the leading technology partner for online auction services. I will be presenting on the issues of Managing Reputation & Risk, and look forward to a lively discussion. The conference schedule is reprinted below, and registration is available here.
Topics: Global Auction House Summit, John Albrecht, Leonard Joel, Martina Batovic, Dorotheum, Evan Beard, US Trust, Anna Brady, The Art Newspaper, Anthony Calnek, Sotheby's, ARTMYN, Brendan Ciecko, Cuseum, Andrea Danese, Athena Art Finance, Jakob Dupont, Bruun Rasmussen Auctioneers of Fine Art, Pierre Fautrel, Obvious, Andy Foster, Phillips, Melanie Gerlis, Financial Times, Dr. Anna-Sophie Hollenders, Raue LLP, Lori Hotz, Lobus, Bas Kuiper, AMFAD, Sophie MacPherson, Christopher McKeogh, Nicholas M. O'Donnell, Sullivan & Worcester LLP, Julian Radcliffe, Art Loss Register, Gene Shapiro, Shapiro Auctions, Sarah Wendell Sherrill, Mary-Alice Stack, Creative United, Rob Weisberg, Invaluable, Georgina C. Winthrop, Grogan & Company, London, Proxy Voting Policies, Institutional Shareholder Services, Affordable Housing, Real Estate Development, Events, Auctions
The recent announcement of the launch of the Court of Arbitration for Art (CAA) is exciting and intriguing news. There is nothing peculiar to the art market or the art world about the existence of disputes—any businessperson in a wide variety of industries can testify to that. But what is promising about this initiative is the opportunity it presents to streamline an important segment of art world disputes, and in so doing to create a larger body of legal guidance that will in itself be useful in and outside of formal controversies. It does not supplant civil litigation in courts, nor does it make any pretense of doing so. It could, however, become an important complement. Critical will be enough buy-in from lawyers in particular to become willing to recommend its inclusion in contracts, for example. I would certainly include myself in that group, depending on the specific circumstances.
Topics: Court of Arbitration for Art, CAA, New York, London, Geneva, Authentication in Art, Arbitration, AAA, JAMS, Tom Brady, The Hague, Netherlands Arbitration Institute, NAI, Holocaust Expropriated Art Recovery Act of 2016, HEAR Act, William Charron, Pryor Cashman LLP, Megan Noh, Cahill Cossu & Robinson LLP, Judith Prowda, Sotheby’s Institute of Art, Stropheus, Luke Nikas, Quinn Emanuel Urquart & Sullivan LLP
I am speaking at a conference on March 23-24, 2017 at the University of Cambridge (UK) entitled “From Refugees to Restitution: The History of Nazi Looted Art in the UK in Transnational Perspective.” My presentation will address the various national panels created in response to the Washington Conference by European countries to address claims for Nazi-looted art in state collections. The roster of speakers is impressive (present company excluded), and it promises to be a fascinating two days. The program is available here, and the conference website is here.
Topics: Events, Victoria Louise Steinwachs, Debbie De Girolamo, Sotheby's, Tabitha I. Oost, Evelien Campfens, Leiden University, Bianca Gaudenzi, Emily Löffler, Landesmuseum Mainz, Michaela Sidenberg, Jewish Museum Prague, Mary Kate Cleary, Art Recovery Group, Robert Holzbauer, Leopold Museum, Tessa Rosebrock, Staatliche Kunsthalle, Karlsruhe, Laurel Zuckerman, Shlomit Steinberg, Emmanuelle Polack, Institut National d’Histoire de l’Art, Paris, London, Richard Aronowitz-Mercer, Fluchtgut, Maike Brueggen, Nathalie Neumann, Diana Kostyrko, Simone Gigliotti, Royal Holloway University of London, Elizabeth Campbell, University of Denver, Anne O. Popham, Marc Masurovsky, Holocaust Art Restitution Project, Angelina Giovani, Jewish Claims Conference, Ulrike Schmiegelt-Rietig, Wiesbaden, Jennifer Gramer, Agata Wolska, Nicholas M. O'Donnell, Johannes Nathan, Nathan Fine Art GmbH, Potsdam, Friederike Schwelle, Art Loss Register, Isabel von Klitzing, Provenance Research & Art Consulting, Frankfurt, Pierre Valentin, Constantine Cannon LLP
After putting on hold its prior recommendation back in March of this year, the United Kingdom Spoliation Advisory Panel has recommended that the Tate Gallery in London should return Beaching a Boat, Brighton by John Constable to heirs of Budapest-based (and Jewish) Baron Ferenc Hatvany. The Art Newspaper reports that the Spoliation Panel concluded that the 1946 export license at issue in the springtime uncertainty (located from the Budapest Museum of Fine Arts) was insufficient to overcome the conclusion that title to the looted painting had not passed lawfully.
Topics: John Constable, Soviet, Budapest, Worcestershire, Hungary, London, The Art Newspaper, Beaching a Boat Brighton, Nazi-looted art, Red Army, Mrs P.M. Rainsford, Broadway Art Gallery, Budapest Museum of Fine Arts, Restitution, World War II, Baron Ferenc Hatvany, Tate Gallery, Museums, United Kingdom Spoliation Advisory Panel
The ABA Journal has opened voting again on its annual “Blog 100,” a roll of notable legal blogs. I’ve submitted votes for the following blogs (in no particular order), which I have bookmarked and consult regularly. The great thing about blogging, I have found, is the ability it gives the reader (and the blogger) to survey multiple perspectives on a subject. So when resale royalties are under discussion, or fair use, I don’t want to read only articles that I agree with or that take the same approach that I would. I also want to hear something I never would have thought of, and expand the conversation.
Topics: Donn Zaretsky, Paul Howcroft, ABA Journal, Stropheus, Blogs, Judith Prowda, Art Law & More, London, Peter Bert, Fladgate LLP, Richard Lehun, Constantine Cannon LLP, Irina Tarsis, Blog 100, Azmina Jasani, Pierre Valentin, Silberman and Associates, Dispute Resolution in Germany, Art@Law, Boodle Hatfield LLP, Taylor Wessing, Natalia Mikolajczyk, Private Art Investor, The Art Law Blog, Art Law London, Becky Shaw, Tim Maxwell, Center for Art Law, Frankfurt
We reported recently on the possible change in the anticipated restitution of a John Constable painting in the Tate Gallery, London. After the United Kingdom Spoliation Advisory Panel recommended that Beaching a Boat, Brighton be returned to the heirs of Baron Ferenc Hatvany, the Tate issued a statement that it had received new information and was reviewing the recommendation.
Topics: John Constable, Budapest, The Daily Mail, Karola Fabri, London, Baron von Herzog, Beaching a Boat Brighton, Nazi-looted art, Budapest Museum of Fine Arts, Restitution, World War II, Baron Ferenc Hatvany, Tate Gallery, Museums, Zürich, United Kingdom Spoliation Advisory Panel
As if there weren't enough controversy with national advisory commissions' recommendations about Nazi-looted art, the Tate Gallery in London is apparently reconsidering a recommendation last year by the United Kingdom’s Spoliation Advisory Panel that Beaching a Boat, Brighton (1824) by John Constable should be restituted to heirs of Budapest-based Baron Ferenc Hatvany, who was Jewish.
Topics: John Constable, Soviet, Budapest, Worcestershire, London, The Art Newspaper, Beaching a Boat Brighton, Nazi-looted art, Red Army, Mrs P.M. Rainsford, Broadway Art Gallery, Restitution, World War II, Baron Ferenc Hatvany, Tate Gallery, Washington Principles, United Kingdom Spoliation Advisory Panel
Der Standard in Austria reported this week that a recommendation is expected on Friday in the claim by the heirs of Erich Lederer to the famous Klimt Beethoven Frieze in the Secession Museum in Vienna. The issue in this case is not a Nazi-era theft per se, but the effect of Austria’s post-war restitution law, which returned ownership to the Lederer family (it was looted from Erich Lederer under the Nazi) but forbade export, leading to a sale. The Lederer family has argued that that amounts to a second taking. As I made no secret last week with regard to Germany’s intended National Cultural Property Designation for the Welfenschatz that my clients have sued to recover, this kind of export prohibition is now recognized for what it is: an effort to hinder restitution. The same kind of claim was made against the Leopold Museum in Vienna for Portrait of Wally, namely, the allegation that the post-war sale was not valid under the circumstances because of the export prohibition. That case settled in 2010, the painting remains in Vienna.
Topics: BGBl. I Nr. 181/1998 i.d.F. BGBl. I Nr. 117/2009, Erich Lederer, London, sales under duress, Nazi-looted art, Beethoven Frieze, Jugendstil, Restitution, Austrian Cultural Ministry, World War II, Leopold Collection, Switzerland, Secession Building, Der Beirat gemäß § 3 des Bundesgesetzes über die R, Portrait of Wally, Austria, 14th Secession Exhibition, Wiener Secessionsgebäude, Zürich, Gustav Klimt, (Kunstrückgabegesetz), Vienna, Anschluss, Dr. Rudolf Leopold, Leopold Museum, Limbach Commission, New York, Beethoven’s Ninth Symphony
A reminder of this month’s marquee event in Geneva, the second in a two part series “Art Finance and Law” organized by the Art Law Foundation at the University of Geneva (the first, in London last November, is recapped here). My ticket is booked, so I hope to see you there. If you’ll be in attendance, drop me a line so we can connect either at the conference or in Genveva. Bon voyage!
Topics: Pierre Gabus, William Pearlstein, Prof. Xavier Oberson, Université Lyon, Art Finance, Sotheby’s Financial Services, Alexandre Quiquerez, Philip Hoffman, Myret Zaki, Emigrant Bank Fine Art Finance, Frédéric Dawance, Tim Hunter, Art Business and Research Unit at Sotheby’s Instit, Art Law Foundation, London, Melanie Gerlis, David Arendt, The Art Newspaper, Geneva, The Fine Art Fund, Fine Arts Expert Institute, Philipp Fischer, Oblyon Art Business Intelligence, Manuela de Kerchove, Banque Lombard Odier & Cie SA, Luc Thévenoz, Sandrine Giroud, Lalive, Natural Le Coultre, Yan Walther, Jan Prasens, Farrer & Co LLP, Paul Aitken, Marco Mercanti, Falcon Fine Art, Events, Sebastian Fahey, Stefanie Berloffa-Spadafora, Rebecca Hawkins, Bilan, Tutela Capital, Private Art Investor, Abels Avocats, James Carleton, Sotheby's, borro, Li Jun Xian, Université de Genève, Yves Bouvier, Schroders, The Luxembourg Freeport, Fabian Bocart, Fine Art Fund Group, Art Finance And Law Conference Series
Last month we posted word of an exciting two-part series hosted by The Art Law Foundation. The first session of “Art Finance and Law” took place on November 26, 2014 in London. The Thanksgiving holiday kept me from attending, but a thorough recap has been written by Rebecca Hawkins at Private Art Investor of the day’s conference, entitled “Risk, Rules and Opportunities in Art Investment.” Hawkins writes, “The key themes that reoccurred throughout the day’s discussions were those of regulation and reputation.” To put it another way, the conference seems to have focused on the timely issues of where art fits into financial planning and secured finance as an asset class, and on a discussion on the proper role of regulation (there being a decided lack of it, compared to other asset classes in the same order of magnitude). The conference also made the presentations themselves available, here. The recap reminded me that I wished I had been able to attend.
Topics: William Pearlstein, Art Finance, Sotheby’s Financial Services, Philip Hoffman, Emigrant Bank Fine Art Finance, Tim Hunter, Art Business and Research Unit at Sotheby’s Instit, Art Law Foundation, London, Melanie Gerlis, David Arendt, The Art Newspaper, Geneva, Oblyon Art Business Intelligence, Lalive, Paul Aitken, Marco Mercanti, Falcon Fine Art, Events, Sebastian Fahey, Stefanie Berloffa-Spadafora, Rebecca Hawkins, Anna Dempster, Bilan, Private Art Investor, Sotheby's, borro, Li Jun Xian, The Luxembourg Freeport, Fine Art Fund Group, Art Finance And Law Conference Series