In this thoroughly revised second edition, Anne Laure Bandle explores the process of attribution of artworks and antiques at auction and the commercial directive of auction houses when authenticating art and protecting themselves against misattributions. Bandle provides an extensive study of the phenomenon of ‘sleepers’ through an in-depth analysis of the contractual relationships, liabilities and remedies that arise in the context of auction sales.
Key Features:
- Proposes new avenues to improve current auction practices and the dispute resolution process
- Discusses updates in case law and legislation, including consumer protection laws and procedural laws
- New section dedicated to price guarantees arranged by auction houses, some of which are backed by third parties
- Examination of the consequences of the currently applicable legal regime for the consignor, the auction house, the courts and the marketplace
- Comparative analysis of the law governing auctioneer’s liability in Europe and North America, establishing the risks and drawbacks of the existing regime
The Sale of Misattributed Artworks and Antiques at Auction continues to be a fundamental resource for legal practitioners, auction houses, art dealers, authenticators, the judiciary and the insurance industry. Students and academics of art law and commercial law will also find this to be an indispensable reference.