Art Law newsletter - July 2018
Welcome to the second edition of our biannual art law newsletter.
We advise a diverse range of clients on all aspects of art law across many jurisdictions. The Art market remains largely unregulated but regulations do impact many areas of the art world where individuals and business operate and invest, and have responsibility for collections. We are pleased to share with you our legal perspectives and insights, highlighting the opportunities and pitfalls for those operating in this area, including art collectors, investors, and advisers whose clients hold art assets, intermediaries supporting clients with art assets and those more generally with an interest in the sector.
In this edition we look at some topical issues, including the creative use of inspiring venues to raise funds; a "pink panther" fallout; taking risks with art and the Wedgwood Pension Scheme and the case of the disappearing museum. We also welcome an article on leveraging art from Freya Stewart, CEO of Art Lending, and review our first year of sponsorship with Somerset House.
We would be pleased to hear from you with any feedback on our newsletter, any aspect of the law that you are particularly interested in, or if you would like to contribute a guest article.
For more information please contact Suzanne Marriott, on +44 (0)20 7203 5267 or at suzanne.marriott@crsblaw.com.
Our thinking
Hugh Gunson
Hoey: you’d better PAYE up
Hugh Gunson and Guy Bud discuss the Court of Appeal’s recent judgment in Hoey, and the implications this has on PAYE and the TOAA regime.
Julia Cox
Mind your business: Safeguarding your business against loss of mental capacity
Practical considerations to safeguard your business against loss of mental capacity.
Jack Carter
Jack Carter writes for eprivateclient on the registration requirements for trust structures holding UK real estate
Trust structures holding UK real estate: Reporting requirements under the Register of Overseas Entities
Sarah Anticoni
FT Wealth quotes Sarah Anticoni on forum shopping
"Being the first to file for divorce is not a foolproof way of securing an English hearing"
Shivi Rajput
A guide to protecting non-matrimonial assets in divorce
Learn what you need to know about non-marital assets and how to protect them in a divorce.
Alexia Egger Castillo
Wealth Structuring Developments In Switzerland
Careful considerations need to be given when setting up wealth and estate structures and vesting funds in them.
Lisa Wong
New Legislation on Reciprocal Recognition and Enforcement of Judgements in Matrimonial and Family cases by the Courts Hong Kong and the Mainland
The implementation of the Ordinance offers better safeguards to the interests of parties to cross-border marriages.
Emma Preece
EG quotes Emma Preece on the Picturehouse and BNY Mellon rent arrears cases
“The case is being closely watched by landlords and tenants alike as the impact of the pandemic lives on in the commercial property sector”
Ghassan El Daye
The Business Breakfast interviews Ghassan El Daye on the legal procedures surrounding international extradition
The Business Breakfast interviews Ghassan El Daye on the legal procedures surrounding international extradition
Rachel Warren
Financier Worldwide quotes Rachel Warren on the UK’s Economic Crime Act
Evaluating the UK’s Economic Crime Act
Felicity Chapman
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups in the UK
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups
Grégoire Uldry
New Swiss succession law on the transfer of businesses
On 10 June 2022, the Federal Council adopted its Message amending the Civil Code on the transfer of businesses by succession.
Joshua Green
Joshua Green writes for Spear's Magazine on Wagatha Christie’s lessons for HNWs
Wagatha Christie’s lessons for HNWs
Kerry Stares
Lessons from Davos: Private Capital and ESG
The scale of the investment needed to achieve global climate and social goals is far beyond what public funds can afford.
Julia Cox
Citywealth publish a '60 second' interview with Julia Cox
Leaders List interview: 60 seconds with Julia Cox
Piers Master
Register of Overseas Entities
Read more about the registration requirements for trust structures holding UK real estate and reporting requirements under the TRS and ROE
Ray Ng
What happens if one party passes away during a divorce proceeding: Part II
What does all this mean for divorcing spouses?
Oliver Auld
Unexplained Wealth Orders & Trustees
Learn about Unexplained Wealth Orders, what they are, who can obtain them and the implications that exist for trustees.
Louise Paterson
Artnet quotes Louise Paterson on the Ivory Act
UK’s Ivory Act comes into force
Briony Richards
AI and HR - How can employers reduce the risks associated with using artificial intelligence to help manage their workforce?
If they are not mindful of the risks associated with AI, employers may find themselves in breach of employment and data protection law.