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Copyright Law

: The Art Law Blog

Salander News

By Intellectual Property Law, Esq.

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Bloomberg's Philip Boroff reports that a group of works from the bankrupt Salander-O'Reilly Galleries will be sold at Christie's on June 9. The works are ones "that creditors haven?t claimed or for which claims have been resolved by [the] bankruptcy court" and each comes with title insurance supplied by ARIS Title. Under a settlement approved by the bankruptcy court in January, "unsecured creditors will receive the first $2.5 million from the sale, minus back taxes the gallery owed." Salander himself remains free on $1 million bail but faces up to 18 years in prison.

Full post as published by The Art Law Blog on May 13, 2010 (boomark / email).

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