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Corporate

Jan. 17, 2014

In globalizing art market, legal questions loom large

Lawyers say a more international group of investors paying top dollar for art has placed increasing importance on certain aspects of documentation.


By Andrew McIntyre


Daily Journal Staff Writer


When Francis Bacon's 1969 triptych "Three Studies of Lucian Freud" sold for a record $142.4 million to an unnamed buyer at Christie's in Rockefeller Center last fall, Los Angeles lawyer Joshua Roth was there to witness it firsthand. The Glaser Weil Fink Jacobs Howard Avchen & Shapiro LLP associate often finds himself at art sales, thanks in part to his work helping clients structure con...

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