Our art team combines wide-ranging expertise in the financial, tax and import/export aspects of art ownership with a deep understanding of the sensitivities and peculiarities of the international art market.

The acquisition, ownership and sale of works of art is a highly specialised field. Whatever the circumstances, we aim to identify and deliver commercially informed, pragmatic solutions for our clients.

Our specialist art law practice deals with art transactions and with various related issues and disputes. These include matters relating to contract, auction, attribution, provenance, restitution, artist’s rights, cultural heritage, intellectual property, tax and estate planning – including tax incentives such as the Cultural Gifts Scheme and inheritance tax conditional exemption – export licences, CITES, insurance, finance and collateral.

Our clients are primarily collectors and investors, agents and introducers, but we have also acted for and dealt with artists, dealers, auction houses, museums and galleries, consignors, storers, valuers and exhibitors, as well as the descendants of the victims of Nazi-looted or forced-sale art and innocent purchasers.

 

If you have any questions or queries please call Simon on +44 (0)20 3036 7264 or email sekins@fladgate.com

Fladgate LLP’s ‘knowledge of how the art market works is outstanding’ …  the practice acts for collectors, investors and intermediaries, both domestic and overseas, in transactions and disputes.

Legal 500 2016
 
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Fladgate LLP’s ‘knowledge of how the art market works is outstanding’ …  the practice acts for collectors, investors and intermediaries, both domestic and overseas, in transactions and disputes.

Legal 500

The team gives great advice, and is very dynamic and knowledgeable. They’re very approachable with huge knowledge and experience.

Chambers UK

  • Accidia Foundation v Simon C Dickinson Ltd [2010] EWHC 3058 (CH) – high profile case in which we successfully acted for a Sackler family entity against a dealer in a secret profit claim concerning a Leonardo da Vinci drawing.
  • US$83m US/UK cross-border estate – estate administration matters including art, sculptures and antiques based in the UK.
  • Misrepresentation claim relating to a Renoir – acting against a dealer.
  • Banksy mural – provenance issues.
  • US owners of a painting by Edvard Munch – Nazi looted art claim.
  • Latin American owners of art frozen in London, Amsterdam, Paris and New York – acting in response to misguided claims by insolvency practitioners, customs authorities and law enforcement agencies.
  • Russian seller – dispute with a defaulting buyer at auction.
  • South Korean art dealer and introducer – contractual disputes with London art dealers.
  • UK based art dealer – two separate transactions involving the proposed purchase of two Giacomettis and the proposed purchase of a Richter, both located in New York.
  • London dealer – dispute with the UK Border Agency concerning the importation and seizure of ivory antiques.
  • Major sale of a Picasso – commission sharing arrangements between dealer and agents.
  • Art prize winner – issues relating to the obligations of the winner in light of prior dealings.