Skate’s Art Market Notes for July highlight that ultra-high net-worth individuals (UHNWIs) are purchasing more art and the trend is likely to continue.  According to high-level estimates of Skate’s (based on its extensive data mining), only about 11% of global UHNWIs with assets in excess of $100 million are currently invested in art.  These figures

On September 11, 2009, the New York Times reported that Art Capital Group, the art finance lender that filed a lawsuit in New York Supreme Court in July claiming that Annie Leibovitz owed it hundreds of thousands of dollars, settled out of court with Ms. Leibovitz. However, as the Times reported, the photographs and the