News

This article was published in the Antiques Trade Gazette and can be accessed here.

Read the full article published in Antiques Trade Gazette here.

The full chapter is published in “Winning with IP – Managing Intellectual Property Today”, which can be purchased here.

Read the full announcement on the Gov.uk website here.

A discovery by metal detectors of 2,528 silver coins dating to the period immediately after the Norman Conquest was announced at a press conference yesterday at the British Museum. The coins were discovered in a ploughed field in Somerset and were immediately reported to the local Coroner. Their importance is significant as they shed new light on the post-conquest period immediately after the Norman Invasion and include coins depicting Harold Godwinson (“Harold II”) (1066), the last crowned Anglo-Saxon king of England and his successor, William the Conqueror (1066 – 1087), the first Norman King of England. The Chew Valley Hoard (as it has become known) also contained first known examples of a “mule” between Harold and William. Mules are coins that show designs of different coin types on either side. They are seen as an early example of tax evasion as it enabled the “moneyer”, or person who issued the coin, […]

For the full article, please go to page 108 of the Discover Germany’s September 2019 Issue, which can be accessed here.

Arguably, the legal issue causing most concern in the art world at the moment is the introduction of the Fifth Anti-Money Laundering Directive (5 AMLD), which is expected to be implemented into UK law by the 10th January 2020, regardless of Brexit. The art market is perceived as an easy target for criminals wishing to purchase art as a means of laundering the proceeds of crime. This directive applies to dealers, auction houses and other entities transacting in art and aims to tighten up the current requirements on money laundering and tackle the risks that are commonly associated with the trade. The directive will affect all non-EU buyers purchasing works of art at galleries, fairs and auction houses in the UK and thus requiring the seller to undertake the same level of risk-based due diligence enquiries on purchases, or a series of related purchases, amounting to €10,000 or more, that […]

When to mediate – the tipping point. It is often said that mediation is a more effective way of enabling the parties to settle their disputes outside the court process, thereby saving costs, the inevitable stress of litigation and preserving confidentiality in the process. If that is the case then why do people not take the opportunity to mediate at the first sign of a dispute and why do cases ever end up in court at all?   There can be various reasons why people turn to the court first. A decision to litigate may be tactical, i.e. a belief that the other party will be “fazed” by litigation or costs implications and just “give in”, or guided by emotional rather than strategic considerations. Parties may have a strong belief in the legal, and moral, merits of their case and simply feel that there is nothing to mediate.   What […]

Read the article by clicking here:  “AML for the Art Trade: How Not to Go to Jail under the 5th Directive” by Gregor Kleinknecht and Petra Warrington

James Ratcliffe writes in Apollo Magazine about the museum thefts in Nantes and in Bath and the vulnerability of museums. Read the article by clicking here.