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Category Archives: Appraisal

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REMINDER—Art Law Day Next Friday, November 7, 2014

Posted in Antiquities, Appraisal, Authentication, Copyright, Detroit Bankruptcy, Events, Resale Royalties, Restitution

Art Law Day at the Appraisers Association of America’s annual conference is next Friday, November 7, 2014 at NYU’s Kimmel Center.  Sullivan & Worcester LLP will be sponsoring the event as a Friend of Art Law Day this year, about which we are very excited. The keynote address has been changed to focus on the… Continue Reading

Rep. Jerrold Nadler, American Royalties, Too Act Sponsor, Added to Speakers at Appraisers Association of America Art Law Day on November 7, 2014 at NYU

Posted in Appraisal, Authentication, Detroit Bankruptcy, Events, Legislation, Resale Royalties, Restitution

Art Law Day at the Appraisers Association of America’s annual conference is now less than a month away.  Held at the NYU Kimmel Center, this year’s event will be held on Friday November 7, 2014.  Sullivan & Worcester LLP is excited to be a Friend of Art Law Day this year. The scheduled that was… Continue Reading

Remaining Creditor Sharpens Knives Over Detroit Institute of Arts Collection Value

Posted in Appraisal, Bankruptcy, Detroit Bankruptcy, Museums, Uncategorized

After Syncora Capital settled its objections to the Detroit bankruptcy plan of adjustment, it looked like the battle over the Detroit Institute of Arts collection would subside.  Not so fast, it turns out.  A major contest looms next week with a remaining creditor, Financial Guaranty Insurance Corporation, over the valuation of the collection.  Just to… Continue Reading

New York Authentication Protection Bill Passes Senate Committee

Posted in Appraisal, Authentication

The New York Senate Standing Committee on Cultural Affairs, Tourism, Parks and Recreation has unanimously endorsed Senate Bill No. S06794.  The Committee was no doubt moved by yesterday’s sought-after Art Law Report endorsement. . . . In all seriousness, this moves the bill forward for consideration by the full Senate, in an effort to enact… Continue Reading

Proposed Amendment to New York Arts and Cultural Affairs Law Would Protect Authenticators

Posted in Appraisal, Authentication

It was first reported at the Appraisers Association of America’s Art Law Day in November, 2013 that the New York City Bar Association’s Art Law Committee had drafted a proposed revision to New York’s Art and Cultural Affairs Law to address the rights of authenticators.  That proposal, publicized a month later, has now become an… Continue Reading

Hearing Set On Creditors’ Motion to Force an Appraisal Committee for the Detroit Institute of Arts Collection

Posted in Appraisal, Detroit Bankruptcy

Following on yesterday’s release of the full report and recommendations by Christie’s with regard to the collection of the Detroit Institute of Arts, the Bankruptcy Court has set a hearing on the creditors’ earlier motion to force appraisal of additional works of art.  The creditors’ motion will be heard January 22, 2014 at 10:00 a.m.

Full Christie’s Report Issued on Detroit Institute of Arts Collection, City Holding the Cards to Push for Negotiated Grand Bargain

Posted in Appraisal, Detroit Bankruptcy

After Judge Rhodes of the Bankruptcy Court for the Eastern District of Michigan ruled on December 3, 2013 that the city of Detroit is eligible for Chapter 9 Bankruptcy protection, the city immediately divulged that the report commissioned by the city from Christie’s to appraise the Detroit Institute of Arts (DIA) collection was nearly finished. … Continue Reading

Proposed Legislation in New York Would Help Shield Authentication Experts from Liability

Posted in Appraisal, Authentication, Knoedler, Legislation

At Friday’s Art Law Day at the annual meeting of the Appraisers Association of America, Judith Bresler gave the keynote address on the topic of the complications created by prosective liability for authentication experts.  As prominent cases ranging from the Knoedler forgeries to the decision by the Warhol Foundation and others to cease authenticating works… Continue Reading

Appraisers Association of America Art Law Day at New York University November 8, 2013

Posted in Appraisal, Events

The Appraisers Association of America is hosting its annual Art Law Day on November 8, 2013 at the Kimmel Center at NYU.  The schedule, from the event page, is below.  This is always a content-packed and thought-provoking day.  They keynote address about legislation for authentication experts should be fascinating, and is particularly timely.  See you… Continue Reading

Art Law Day at NYU Next Friday, November 9, 2012

Posted in Appraisal, Connoisseurship, Events

Although this week’s Restitution and Repatriation conference at DePaul was washed out by Hurricane Sandy, another terrific event is on the horizon next week.  “Art Law Day” at New York University, hosted by the Appraisers Association of America, will be held on November 9, 2012 at NYU’s Kimmel Center.  The condensed schedule  from the event’s… Continue Reading