Carter Ledyard’s co-chair of the Art Law practice, Judith Wallace, was quoted by Bloomberg in an article about the Sotheby’s legal fight over ‘The Lost Leonardo’ painting. The issue of contention that Judith discusses in the article is whether an art advisor is a fiduciary of a collector. See link for more information.
About our Art Law practice
Clients who rely on us for advice and dispute resolution include artists, their estates, art collectors, art galleries, art dealers and advisors, and artist-established foundations that own art or are otherwise active in the art market in private and public art transactions. We counsel them on the myriad issues that arise when art is bought, sold, licensed, inherited, or donated, such as title and authenticity questions, auction house consignment terms, damage and valuation.