Carter Ledyard partner, Judith Wallace, was quoted extensively by Bloomberg in an article, Ron Perelman Hampton Art Insurance Trial May Include Ken Griffin Testimony (Ron Perelman Hamptons Art Insurance Trial May Include Ken Griffin Testimony – Bloomberg paywall may apply). Ms. Wallace is the chair of the Firm’s Art Law Practice and has served multiple clients in disputes over damage to artwork and insurance coverage, and frequently advises on loss and damage provisions in consignment and museum loan agreements. Her comments highlight the challenges faced by collectors pursuing damage claims, even under a favorable bespoke insurance policy.
