Here’s a Tip: Creditors Can Get Your Consigned Botticelli if Gallery Goes Bankrupt
According to a post on the Art Law Blog today, if you consign your Botticelli, or any work, to a gallery and the gallery goes belly up, creditors can get hold of the work. Art law blogger Donn Zaretsky breaks down a recent ruling by a federal court in New York on the bankruptcy of Salander-O’Reilly Galleries to explain why. Read More
