Law, crime and regulation
Legal cases, stolen art, regulation and tax issues remain important part of the art and antiques sector.
This category ranges from the levy of the Artist’s Resale Right to controversies over fakes and forgeries.
VAT changes bring red tape
04 March 2002Echoes of the Kent County Council Bill can be discerned in changes announced to the VAT secondhand margin scheme (notice 718). Dealers who use a system called Global Accounting to calculate VAT on profit margins will have to keep a record of the names and addresses of sellers on purchase invoices – a main requirement of the Kent Bill – when the changes come into force on July 31 this year.
US court to hear $1.3m Web bidding fraud case
04 March 2002In the second major Internet shill bidding case, three people have been charged with running a scheme that boosted the sale prices of hundreds of pieces of Lalique glass auctioned on eBay.
Appeal for return of stolen mermaid
25 February 2002POLICE are casting their net farther afield in the hope of recapturing a missing mermaid, and the thieves who stole her.
Schultz found guilty in antiquities case
18 February 2002The conviction of New York antiquities dealer Frederick Schultz on charges of conspiracy and trading in stolen and smuggled artefacts has sent shockwaves through the trade.
High Court ruling could redefine rules on attribution
18 February 2002THE judgment in the £1.5m claim against Mayfair art dealers Agnew’s could have important repercussions for the rules and conventions on attribution in UK art sales.
Sotheby’s play down UK class action
18 February 2002Sotheby’s have responded to the threat of legal action over alleged price fixing at UK auctions, playing down the claims of legal firm Class Law.
French constitution will water down Unidroit
12 February 2002France has taken the first step towards adopting Unidroit, which enforces strict controls on the restitution of stolen art. On January 29 a first reading of the bill ratifying the convention was adopted by the Assemblée Nationale (lower-house).
Lawyers predict £100m-200m UK class action within weeks
11 February 2002LAWYERS say that Sotheby’s and Christie’s can expect to face a £100m lawsuit over price-fixing at UK auctions within the next few weeks.
Lawyers take UK class action move against auction giants
05 February 2002LAST year’s United States class action against Sotheby’s and Christie’s over price fixing may now be followed by similar action in the UK. Dealers who missed out on the $512m compensation paid to settle the claims over US auctions will meet in London this week to plan a similar legal challenge in Britain.
Agnew’s fight £1.5m claim over Van Dyck attribution
05 February 2002MAYFAIR art dealers Agnew’s are hotly contesting claims for a £1.5m refund over an Old Master which is at the centre of a dispute over who painted it.
Trading Standards go softly, softly over Kent Act
01 February 2002TRADING Standards are taking a softly, softly approach over the enforcement of the Kent Act, as dealers found at the first chance to test it at a major fair – Detling – on January 26-27.
Ruling a major blow to US antiquities trade
21 January 2002A court decision to proceed with a case against a member of the trade is expected to deal a major blow to the United States’ antiquities business.
Taubman to appeal for retrial
14 January 2002Alfred Taubman has tendered his widely expected appeal against his price-fixing conviction. The 76-year-old former chairman of Sotheby’s, who could face up to three years in jail when he comes up for sentencing on April 2, has objected to the use of a quotation from 18th century Scottish economist Adam Smith.
Beware Data Protection offer warns Government
14 January 2002UK: THE Government have issued a warning to the trade about agencies attempting to cash in on the 1998 Data Protection Act at dealers’ expense.
Trade warned to be on the look-out for fake Doulton
07 January 2002TRADING Standards officers have issued a warning to the trade to be on the alert for fake Royal Doulton. Several pieces have come to light over the past few months, including Lambeth Ware.
AXA Art issue guide after raids
18 December 2001AXA Art have sent their clients a guide to beating crime following a series of raids on galleries, culminating in a $350,000 theft from a Bond Street gallery in London at the beginning of December.
Trade await European ruling over price fixing
11 December 2001Pending appeals leave compensation in limbo: With the conviction of Sotheby’s chief shareholder, Alfred Taubman, on price-fixing charges, attention now turns to the outstanding matters concerning compensation.
Taubman not fully in control of Sotheby’s say witnesses
03 December 2001Former Sotheby’s chairman Alfred Taubman fell asleep during board meetings and was more concerned with getting his lunch than running his company, a New York jury was told last week.
Taubman’s defence seeks to discredit Davidge and Brooks
26 November 2001Counsel highlights undisputed lies: The most dramatic episode yet in the trial of Alfred Taubman was played out in a New York court last week. The former boss of Sotheby’s was accused by his one-time protegé, Diana ‘Dede Brooks’, of forcing her into a criminal conspiracy with arch rival Christie’s. He denies any wrongdoing.
Yahoo case sets legal precedent over Internet
21 November 2001YAHOO have succeeded in their court bid to deny French government jurisdiction over the firm’s activities outside France.
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