Buying and selling art is highly complex and it is vital to understand the potential risks and other issues involved. As the market has grown over recent years it has become more competitive and there is an increased risk of disputes over issues such as authenticity, attribution, and title.
Our specialist team is able to offer expertise on all aspect of art and auction law including:
- transactional and contractual advice including: due diligence, negotiation and preparation of sale, purchase and loan agreements, standard terms and conditions of business (including any issues which arise); and the use of art as security
- compliance, regulatory and money laundering
- policy indemnity issues and insurance claims
- import, export and movement of art, and other cross-border issues
- art-related aspects of tax planning
- advising (and, where necessary, conducting proceedings in the High Court) in respect of claims relating to: title (including ownership disputes) and provenance; attribution; valuation, mis-cataloguing; lost, damaged, stolen and counterfeit art; fraud; war loot; and restitution
- advising on all aspects of design right and copyright in creative works and other intellectual property issues including compliance with the Artist’s Resale Right Regulations (droit de suite)
- advising on health and safety issues relating to artwork