Art World 2016: Bankruptcy, Art Consignment, and Resale Royalty
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Join Bill Turner and Alexandra Darraby for a discussion on specific and concrete steps artists, collectors and gallery owners can and should use in buy-sell and consignment agreements to ensure transparency, operational efficiency, and legal compliance. Learn the terms of art consignment, how the resale royalty is calculated and paid, and when to benefit from UCC Article 9 filings. In a world where the government tells its citizens to monitor airports for their own security, this panel has some much simpler and more effective ways to safeguard the art legacy, whether you or your clients are creators, dealers or collectors.
A special exhibition of Ed Moses’ work will be displayed from 6:15 pm until 7:00 pm