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Smart galleries, museums, coin and stamp collectors, wine collectors, musicians with expensive musical instruments, personal jewelry collections and a range of businesses in the art world with valuable pieces of art often insure their art with insurance polices.
Issues can arise with that policy if theft, question of title and or fire damage occurs to the art. If you are having a difficult time with your adjuster in negotiating a settlement in regards to stolen or damaged art, please call our law firm today for advice. Our lawyers are passionate in helping our clients recoup the damages which they suffered.
One of the more current topics in the Art world is "defective art". Steven Spielberg just dealt with defective title when he discovered that his Norman Rockwell painting, the Russian Schoolroom, had been stolen from a gallery 16 years earlier. Spielberg returned the painting to the authorities, where it sits in custody battle between two other alleged owners.
Did you know that one of the most complex and largest legal art disputes in Canada involved a small gallery in Fredericton, New Brunswick? A decade-long legal saga that played out between Fredericton’s Beaverbrook Art Gallery and the Beaverbrook Canadian Foundation involved paintings. At issue, were 78 works of art worth millions of dollars that arrived at the gallery in the 1950s and 1960s. Parties argued it owned the pieces and loaned them to the gallery; the gallery maintained Lord Beaverbrook, also known as William Maxwell Aitken, gave the works as gifts.
You will be surprised when disputes arise. Call our office today.
Contact our office today for a free consultation. Our lawyers attempt to return calls in 24 hour notice.