Welcome to our second quarterly Newsletter. With two points of view to draw upon, we’re planning this and future letters along the lines of a Buy One Get One Free offer. Each one will include two articles, one by each partner. Sometimes we will each address the same subject, sometimes each will pursue a different topic. With Charles’s background in the law and Mark’s in the art market we hope to be able to offer subtly differing and hopefully complimentary perspectives on some of the art world issues of the day.
This quarter, with summer nearly over and the auction houses on the hunt for property for their autumn sales, Mark addresses the thorny and contentious question of auction guarantees and the issues which they raise for sellers. Charles, meanwhile, considers some important recent developments in the law relating to off-shore chattel licences and their use in art-related tax planning.
