Sotheby’s have revealed their new President is Tad Smith, the former head of Madison Square Gardens.  Mr Smith acknowledges he knows nothing about art or the art world but apparently likes Ai Weiwei and Damien Hirst (which confirms he knows nothing about art).  He said he recently bought a photograph of a floating ballet dancer
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The dispute between the art collector Dmitri Rybolovlev and broker Yves Bouvier is rippling out on both sides of the Atlantic as both sides enter the discovery period seeking documents and witnesses. Some of Bouvier assets and bank accounts have been frozen and dealers, curators and lawyers who were involved in the deals are all
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Dmity Rybolovlev has launched a lawsuit in Monaco against Yves Bouvier over the size of the commissions that Bouvier charged him on the sale of some paintings. Bouvier, the Swiss businessman, owns the shipping and storage company Natural Le Coultre and is building a series of Free Ports which are gaining in popularity for the
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The art market powered on through 2014 with gains in most areas. There is plenty of cash looking for a home at this stage of the economic cycle and art continues to gain traction as an alternative asset. Whether the art market needs further regulation has become of interest to mainstream economists and the subject
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