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Art Law Recent Developments in Art Litigation and Art Finance

Monthly Archives: January 2012

Art and Finance – Similar Markets?

Posted in Art Finance

In this article, Marc C. Taylor discusses the parallels and relationship between finance and Modern Art.  He finds that in both markets, concepts are becoming more abstract and trading faster paced. According to reliable estimates, in fact, the private art market reached 25 to 30 billion dollars by 2006 just as obscure financial instruments gained… Continue Reading

Most Controversial Art Issues of 2011

Posted in Art Finance

ArtInfo discusses the biggest controversies of the art world in 2011 in this article. Along with the protests of artist Ai Weiwei and collective Voina, the article also recounts issues of copyright, censorship, class tension between the art world elite and those whom they employ, and arts funding. [This article was drafted with the assistance… Continue Reading

Walmart Financed Museum Opens

Posted in Current Art Exhibits

Alice Walton has opened the Walmart-financed Crystal Bridges Museum of American Art in Bentonville, Arkansas. The museum has had its negative critics, like Bloomberg’s Jeffrey Goldberg, who called attention to the disparity between the grandeur of the American museum and the poverty of the American people in this article.  Nevertheless, Roberta Smith gives the museum itself… Continue Reading

Boston’s Art Detective

Posted in Art Recovery/Theft

Victoria Reed, curator of provenance at the Museum of Fine Arts Boston, researches potential acquisitions with questionable histories.  In her position, the Museum of Fine Arts asks Ms. Reed to attend to provenance issues by investigating liens on title before the Museum acquires works.  Recently, her research, which traced a 17th century gold medallion to a museum in Gotha, Germany,… Continue Reading

Top 20 Art Shows for 2012

Posted in Current Art Exhibits

ArtInfo has published its version of the “top 20 shows to see in 2012.”  With artists such as On Kawara, Damien Hirst, Henry Taylor and Cindy Sherman, the publication is bullish on modern and contemporary art in 2012. See the slideshow, with details on dates and locations, here. [This article was drafted with the assistance of… Continue Reading