AO Newslink

November 3rd, 2012

Christie's saleroomA New York supreme court judge has ruled that auction houses must disclose both consignors and buyers in order to create a binding sale contract. In a supply-driven art market that relies on confidentiality, Christie’s (although not a party involved in the original case) is appealing the decision, stating “we take issue with the Court’s opinion and are reviewing our legal options”. 
Read the article via The Financial Times