Fine Art and Cultural Property
We have an extensive team of lawyers with significant experience in the world of fine art, including representing auction houses, art dealers, personal collectors, copyright owners, charitable organizations, museums, libraries, and art galleries.
Our lawyers advise clients in all aspects of art law, from dispute resolution to contract drafting, as well as transactional and strategic advice. The firm’s global platform assists our lawyers in advising on complex cross-border issues.
Our team’s experience in the world of fine art extends beyond the practice of law. Several colleagues have lectured around the world, and published on topics ranging from resale royalties to the illegal export of art. Others have held positions in government, including being a member of the Executive Board of Spain’s Ministry of Culture and serving on the President’s Advisory Committee on the Arts in the United States.
We have advised on a range of disputes over the ownership, provenance, and authenticity of art works, including cases involving forgery, theft and historical misappropriation of assets. Our experience includes claims related to cultural property and national heritage law, as well as insurance disputes and copyright infringement cases.
Our fine art and cultural property lawyers also advise on the pursuit and defense of professional negligence claims, including claims against auction houses and valuers.
We represent clients in all aspects of the dispute resolution process, from pre-action negotiation to mediation, litigation and arbitration. Our lawyers work proactively to achieve the desired outcome and aim throughout to resolve disputes in a cost-effective manner and, where possible, to settle matters out of court.
We assist clients throughout the globe on a variety of matters, including:
- Copyright- and technology-related advice
- Art-related transactions
- Corporate law
- Estate law
- Trust law
- Tax law
- Insurance issues
Thought Leadership
On 30 January 2024, the US Citizenship and Immigration Services (USCIS) published a final rule (Final Rule) increasing the premium processing fee from US$2,500 to US$2,805, increasing filing fees for I-129 and I-140 employment-based petitions, and imposing a new Asylum Program Fee for each Form I-129 and I-140 filed by employers.
On 3 April 2024, the US Securities and Exchange Commission announced the first settlement with a stand-alone registered investment adviser for, among other things, failures to maintain and preserve certain electronic communications.
On 22 December 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments (the final rule) to Rule 206(4)-1 under the Investment Advisers Act of 1940 (the Advisers Act) to modernize the regulation of investment adviser advertising and solicitation practices.
On 7 March 2024, the Illinois Pollution Control Board proposed amendments to its Ground Water Quality regulations, which would set standards for selected per- and polyfluoroalkyl substances compounds at or near their levels of detection and would result in some of the most stringent standards in the country.