The recent U.S. Supreme Court decision in the latest art appropriation dispute likely has artists everywhere concerned that their works may be subject to future litigation. The highest court in the nation has found that the licensing of an Andy Warhol artwork, derived from a photograph taken in 1981 by photographer Lynn Goldsmith, was not
Online non-fungible token (NFT) marketplace OpenSea recently collaborated with a popular decentralized autonomous organization (DAO), Friends with Benefits (FWB). As part of the project, OpenSea commissioned ten contemporary artists, who are members of the DAO, to create “phygital” (i.e., physical and digital) artworks that were featured on the marketplace’s homepage. The artworks were displayed both online and in real life at a FWB festival and conference in mid-August 2022.
Continue Reading NFT Marketplace and DAO Partnership Shows Power and Complexities of DAOs in the Art World
SCOTUS Sets Precedent on the Expropriation Exception to the Foreign Sovereign Immunities Act, Ruling that Germany Cannot Be Sued in the United States for Taking Property from Its Own Citizens
The U.S. Supreme Court unanimously ruled against the Jewish heirs of German art dealers, who in 1935 sold gilded German reliquaries dating back to the 11th to 15th centuries (known as the Guelph Treasure) to the Nazi-controlled Prussian government. The heirs sued Germany in the United States, arguing that the sale was a “genocidal taking” under duress and seeking restitution of the reliquaries. Germany unsuccessfully argued before the district court and a federal appeals court that this case should be dismissed on the grounds that U.S. courts cannot hear lawsuits against foreign governments and their agencies.
Continue Reading SCOTUS Sets Precedent on the Expropriation Exception to the Foreign Sovereign Immunities Act in the Guelph Treasure Case, and Other Stories
U.S. Supreme Courts Declines Certiorari in the 5Pointz Case
Two years ago, in one of the most important decisions applying the Visual Artists Rights Act of 1990 (VARA) since its adoption, New York’s Eastern District awarded $6.75 million in statutory damages to 21 street artists whose aerosol works were intentionally destroyed by the owner of the buildings on which they were painted. VARA gives artists the right to sue to prevent the destruction of a work of “recognized stature,” and to recover money damages if their work is distorted, mutilated or otherwise modified to the prejudice of the artist’s honor or reputation.
Continue Reading 5Pointz Artists Claim Final Victory as SCOTUS Denies Cert & Other Headlines
Two New York Antiquities Dealers Arrested for Allegedly Fabricating Provenance Documents
Two owners of a Manhattan-based antiquities gallery were arrested in connection with their suspected complicity in an alleged fraud scheme to swindle buyers with the use of fake provenance documents.
Continue Reading Brooklyn Museum Deaccessioning Artworks, Banksy Loses Trademark Battle and Other Stories
U.S. Senate Subcommittee’s Report Recommends Art Market Regulations
As part of its investigation into the effectiveness of sanctions against foreign persons and entities, the Permanent Subcommittee on Investigations of the United States Senate issued a report focused on lack of regulation and pervasive secrecy in the art market.
Continue Reading U.S. Senate Subcommittee on Investigations Recommends Regulation of the Art Market & Other Headlines
Disgraced Art Dealer Inigo Philbrick Indicted on Federal Fraud Charges
A New York grand jury has indicted art dealer Inigo Philbrick on federal charges of wire fraud and aggravated identity theft; Philbrick has entered a plea of not guilty. The U.S. Attorney for the Southern District claims that Philbrick defrauded multiple people and businesses in New York between 2016 and 2019 to finance his art business, access valuable art, and obtain sales proceeds, funding and loans. Philbrick also misrepresented the ownership of certain artworks by selling more than 100 percent ownership to multiple individuals and entities without their knowledge.
Continue Reading Disgraced Art Dealer Inigo Philbrick Indicted on Federal Fraud Charges & Other Stories
Paris Dealer Charged with Fraud and Money Laundering in Sale of Golden Sarcophagus to the Met
French art dealer and Mediterranean archeology expert Christophe Kunicki was charged with fraud and money laundering in Paris following an investigation that began after the sale of a golden sarcophagus to New York’s Metropolitan Museum for €3.5 million in 2017.
Continue Reading Paris Dealer Who Sold Golden Sarcophagus to the Met Charged with Money Laundering & Other Stories
Street Artist’s Work Sent to Space
On May 30, 2020, SpaceX, the aerospace manufacturer and space transportation services company founded by Elon Musk, made history by sending its first manned flight into outer space.
Continue Reading Street Art Sent to Space & Other Headlines
Still No LOVE in Robert Indiana’s Estate Battle
In the ongoing suit over the rights to Robert Indiana’s artworks, defendant Michael McKenzie, the founder of American Image Art, filed new counterclaims against the Morgan Art Foundation alleging that Morgan orchestrated “one of the most massive art frauds in history.”
Continue Reading Hirst Spot Print Turned into Spots by MSCHF, Courtroom Artists Face New Challenge, Banksy Pays Homage to Hospital Workers