Friday, May 21, 2010

"As the facts of this case make clear, some in the art world desire a market that is neither open nor honest. ..."

". . . Thus, collectors in this seemingly refined bazaar should heed the admonition ‘caveat emptor’ and be mindful of the Statute of Frauds."

Collector Craig Robins's claims against dealer David Zwirner have failed, on statute of frauds grounds. Helen Stoilas and Marisa Mazria Katz have a good summary in The Art Newspaper.