Following a Florida court’s $24.6 million decision in favor of several Rauschenberg Trustees for services preserving the artist’s legacy, the Rauschenberg Foundation has filed an appeal, claiming that the sum originally awarded to the three trustees would hamper its charitable work for the arts community.   (more…)

A recent court ruling has challenged the practice of keeping auction sellers anonymous in New York State, and could fundamentally challenge how art auctions are conducted in the future, allowing buyers to avoid payment if the seller is not identified.  “As of now you can back out of any transaction where the name of the seller is not provided,” said Peter R. Stern of McLaughlin & Stern. (more…)