Sometimes passion for art results in need of possession. A work of art may not only raise ones spirits but could also be a material asset. Investing in art requires making many decisions, from selecting a proper object to structing a transaction. One may also support art in different ways, including through art commissions or partnerships with art institutions.
We offer tailor-made solutions for both passionate art lovers and temperate art investors in order to ensure full legal titles to and tax efficient ownership of artworks. We also assist in art related initiatives, from commissioning art to establishing cooperation with art institutions
How we can help
We provide legal advice, structure transactions, draft documentation and negotiate agreements, both on the domestic market and abroad, in cooperation with reputable law firms. Our team comprises lawyers both solely dedicated to our art desk and from all main practice areas. Therefore, apart from advising on specific art related matters, we can also assist in general commercial, financing, tax and corporate issues.
Our services include
Advising on art acquisitions, including conducting legal due diligence investigations and drafting customary documents
Structuring art investment transactions in order to provide tax and corporate efficient solutions, from providing transaction documentation to advising on financing arrangements
Arranging of private art commission projects, covering various aspects of intellectual property rights, execution issues and ownership issues
Assisting in establishing and developing partnerships with art institutions, both private and public
Advising on exploitation and protection of art related intellectual property rights
Assisting in establishment of art related foundations, either for investment purposes, succession planning or artist’s estate management
Advising on art related issues in succession planning
Examining artworks as collateral in financing deals, including conducting legal due diligence investigations and assisting in preparing of necessary documentation
Advising on transactions involving artbacked securities, including conducting legal due diligence investigations and drafting and negotiating customary documentation