Monthly Archives: August 2009

The Sale of a Painting Gone Wrong Pt. 2

By admin | Published: August 31, 2009
Earlier, I wrote about the Van Damme v. Gelber case decided on July 27, 2009. One of the interesting aspects of the case is that the issue of timing arose. The seller insisted that the money for the painting had to be received by a particular date. Because of a bank mistake, the money arrived [...]
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Recap Firefox Extension for Pacer

By admin | Published: August 28, 2009
There is this thing called “PACER.” It’s essentially the federal court’s document filing system. Any person can register for the service and then search for and download documents related to a case such as the court filings and the court’s opinion. There is a catch however: the service costs 8 cents a page. This may [...]
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New York Supreme Court Denies Fraud Claim Over Sale of Gauguin’s Paysage aux Trois

By admin | Published: August 23, 2009
Mandarin Trading purchased Gauguin’s Paysage aux Trois for $11.3 million based on the appraisal of a world renowned Gauguin expert. Mandarin later came to find the painting was worth only $9 million, and the appraisal on which it relied was written by the company that in part was selling the painting. Mandarin sued, but a [...]
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The Sale of a Painting Gone Wrong, Pt. 1

By admin | Published: August 1, 2009
A recently decided New York case contains several interesting lessons for art dealers. First, you may be liable for the acts of another: if you authorize someone to sell a painting for you, or if you even “reasonably give the agent an appearance of authority,” you will not only be liable for the agent’s contracts, [...]
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