The article discusses the challenges and considerations for tax incentives of cross-border charitable giving, as well as barriers which might appear on the way of donors and donees. As per author "this article serves as a catalyst, setting the stage for subsequent articles that will propose innovative and forward-thinking legal solutions to overcome these barriers" More
Many artistic initiatives bump into bureaucratic or legal barriers impeding artists' access to tax incentives. Our returning author – Evelyse Carvalho Ribas – provides a comparative overview of the two of them, t.i. the personal criteria of nationality and status as a 'professional artist', from the perspective of different jurisdictions* More
Insurance of art objects is a relatively rare service on the Latvian market. This is partly caused by the characteristics of objects themselves (e.g., difficulties in determining (or agreeing with the owner upon) the market value or its decrease in case a damage), partly by additional security requirements imposed by insurers (e.g., storage and monitoring requirements, obligation to place the objects in the special protective frames), etc. ArtLaw.club had the honor to talk to Mr.Vitis Nolbergs, a head of the Latvian branch of UADBB Aon Baltic, an international insurance brokerage company that offers art object insurance solutions as one of its services More
The Art Market is undergoing substantial changes. Rapid evolution of digital solutions, Covid-19 pandemic, geo-political situation – these are only few factors that Art market is to reflect. ArtLaw.club is having an honour to discuss the latest trends in Art Market, ArtTech solutions and investment opportunities with the practising Art&Finance specialist from Switzerland Irina Resch. More
In times of economic turmoil interest in alternative investment opportunities typically increases. While art, wine, antique cars and watches generally have quite low short-term liquidity, in the long run your benefit might be substantial. Is now the right time for investing in art? More
Diamonds are rare, beautiful, expensive. They are "girls' best friends" and (not only) boys' good investment. Here is the overview of what should we know about diamonds to make a right choice whatever our purpose is. Part four describes unusual about diamonds. More
Diamonds are rare, beautiful, expensive. They are "girls' best friends" and (not only) boys' good investment. Here is the overview of what should we know about diamonds to make a right choice whatever our purpose is. Part three describes the diamonds common treatments and diamond jewellery cleaning. More
Diamonds are rare, beautiful, expensive. They are "girls' best friends" and (not only) boys' good investment. Here is the overview of what should we know about diamonds to make a right choice whatever our purpose is. Part two describes the diamonds in details. More
Diamonds are rare, beautiful, expensive. They are "girls' best friends" and (not only) boys' good investment. Here is the overview of what should we know about diamonds to make a right choice whatever our purpose is. Part one briefly describes the diamonds. More
This is the second article in a series about competent investing in jewelry made into plain English. The seasoned diamantaire, Mr.Gabriel Levin-Cafrir, will talk about gems that can be confused with diamonds by hearing their names (some of them are in the category of diamond simulants). In order not to make a mistake - take your time, read the article and investigate! More
ARIS Title Insurance Corporation is the recognized global authority on legal title risks impacting the international fine art and collectibles market. ArtLaw.club had the honor to talk to the president of the corporation, Mary Buschman. More
This is the first article in a series about competent investing in jewelry made into plain English. The seasoned diamantaire, Mr.Gabriel Levin-Cafrir, will talk about terminology, professions, main risks and caution signals for a newcomer to make a deliberate decision when acquiring the piece of jewellery for whatever (passionate or investing, or both) reason. More
Every big auction comes with fantastic statements after the sales: 30, 50, 100 millions for a work of art. Sometimes much more. Are the prices adequate or is it just a market bubble? More
Community platforms have become unalienable part of our lives. We share services, find lenders and borrowers, make group investments via different online platform solutions. ArtLaw.club has talked to Mr.Nicolas Delorme, co-CEO of Planet of Finance, on finding a suitable wealth management service provider and investing with passion or precise analysis. More
According to an Art and Finance report published last year by Deloitte and ArtTactic, in 2017 only the US art secured lending market estimated to be worth between $17bn and $20bn, which represented 13,3% growth from 2016. Emerging art financing techniques provide short term liquidity that previously was unavailable. This makes art investment much more attractive and evident to more people. Established in 2014, Artemus is one of the leading art secured financing providers, established in New York City, but offering services globally. ArtLaw.club had a conversation with Mr. Asher Edelman, founder and CEO of Artemus, about the financing processes and current standing of the global art market. More
Art and businesses have much in common. In many cases they share the same key cultural values such as creativity, prestige, timelessness, innovation and heritage. This affords ground for fruitful collaboration. ArtLaw.club had great opportunity to talk to Katie Kennedy Perez, a founder and a soul of ArtFlow Agency, which brings art world expertise and knowledge to brands and companies seeking to become culturally engaged. More
It is extremely rare that a collector immediately becomes an art world insider. Passion comes first, and then in due course it is followed by the necessary knowledge, experience, and originality in taste. The initial drive is frequently based in an interest in art as an asset class, and later, it frequently either grows into a life-long practice or simply ends. For both, the collector-to-be and the seasoned collector whose collection needs to be managed and looked after, the role of an art advisor is indispensable. Artlaw.club is honoured to talk to two art professionals with rewarding careers in different parts of the world: Ms. Zane Grants-Wolff from Switzerland and Ms. Anda Kļaviņa from Latvia. More
Globalisation, new technologies, online sales and general increase in accessibility of art, all this gave an impetus for art collecting to be on the rise. The rising ability and willingness to buy art stimulates the demand for knowledgeable experts, who can help throughout the process. The art adviser should have a multitude of skills: those of a connoisseur, a businessman, a psychologist... and even more than that. ArtLaw.club had an interesting talk with Ms.Maya Mikelsone, a professional art adviser living in France, about her experience, learning curve, general vision and peculiarities of French and foreign art buyers. More
Even if art is mainly considered a part of ones integral wealth and long-term inheritance, more and more investors start perceiving it as a real financial asset. Please find below the opinion of the Head of Private Banking at Swedbank Latvija on the current trends in the art market and luxury investment sector* More
This is an interview of Ms.Una Meistere, the director of Arterritory.com, with Adriano Picinati di Torcello, a director within the advisory and consulting department at Deloitte Luxembourg, about the trends in the art market, whether art objects can be considered as pure investments and what are the new existing solutions. The interview is originally published at Arterritory.com, http://arterritory.com/en/texts/interviews/7789-the_art_market_is_increasing_in_transparency/ * More
The Article explores the characteristics of art if regarded as an asset class. While being volatile, illiquid and opaque, art nevertheless serves as a useful function in a diversified portfolio. Moreover, it offers unique values and inspire passion as no other investments do* More
