Archive for February, 2015

“Arrest of Swiss Freeport Owner Yves Bouvier Over Art Fraud Ring Rocks Art World”

Says artnet news.  More details on the alleged scam in the Telegraph.  Kimberly Bradley asks:  "Is this surprising?"... | Read More

Nouriel Roubini on why art is an asset class

Self-recommending, as they say.... | Read More

Elizabeth Taylor Estate v. Christie’s

Over the cancellation of a $9 million diamond sale.  Law360 story here.  Courthouse News Service here.   Complaint here.... | Read More

‘Whoa, Mama!’: A Voice Actress’s Road To Fame As A 10-Year-Old Boy

Back in 1987, Nancy Cartwright made a risky, last-minute decision during an audition: Instead of trying out for the part of mild-mannered Lisa Simpson, she went for the role of rebellious Bart.

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“Cuba refuses to return seized art . . .”

". . . despite thaw in relations with US."In related news, artist Tania Bruguera, "the first person to publicly test the tolerance level of the Cuban government following the announcement last December that Cuba and the United States were restoring diplomatic relations – remains detained on the island, accused by its regime of inciting public disorder."... | Read More

“In front of something like this, we are speechless.”

There were reports this week (complete with video) that ISIS fighters had "ransacked Mosul’s central museum, destroying priceless artefacts that are thousands of years old."  The Met (among others) issued a statement condemning the destruction as "a tragic assault not only on the Mosul Museum, but on our universal commitment to use art to unite people and promote human understanding."... | Read More

25 Years of Theories

Also this week, a fascinating piece in the NYT on the Gardner heist, still the largest art theft in American history (and still unsolved).... | Read More

New York City Ballet Sees Success with Visual Arts Crossovers

The New York City Ballet has noted a marked uptick in young attendees in recent years, an indication that their efforts and commissions, like Dustin Yellin’s current project with the institution, are seeing successful returns.  “We had a hypothesis that there might be a crossover interest between the visual arts and dance, particularly the kind of repertoire […]... | Read More

Artprice Notes Record Sales of $15.2 Billion in 2014

The annual figures by Artprice have placed 2014 as another record year in the art market, with $15.2 billion in works sold at auction in the past year, including a record 1,679 sales worth $1 million or more.  “More museums were created between 2000 and 2005 than during the entire 19th and 20th centuries,” says Wang Jie, president […]... | Read More

“[B]y one measure — money — Mr. Lik may well be the most successful fine-art photographer who ever lived”

Was traveling this week and still playing catch-up, but lots of art law to mention.  First up is this really interesting NYT story on photographer Peter Lik, who operates completely outside the establishment art world ... and apparently has sold almost $440 million worth of work.  Perhaps the most interesting aspect of the story is how thin the secondary market for his work is -- the... | Read More
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