The following In-house Advisor practice note provides comprehensive and up to date legal information covering:
The following jurisdictions are covered in this report:
China; Czech Republic; France; Germany; Italy; Spain; Sweden; Switzerland; Turkey; United Kingdom - England & Wales; USA - New York
The set of questions relating to the topic of Art Law and answered by the guide for each jurisdiction covered include:
When does ownership of art, antiques and collectibles pass from seller to buyer?
Does the law of your jurisdiction provide that the seller gives the buyer an implied warranty of title?
Can the ownership of art, antiques or collectibles be registered? Can theft or loss of a work be recorded on a public register or database?
Does the law of your jurisdiction tend to prefer the victim of theft or the acquirer in good faith of stolen art?
If ownership in stolen art, antiques or collectibles does not vest in the acquirer in good faith, is the new acquirer protected from a claim by the victim of theft after a period of time?
Can ownership in art, antiques or collectibles vest in the acquirer in bad faith after a period of time?
Must the professional seller of art, antiques or collectibles maintain a register of sales?
When does risk of loss or damage pass from seller to buyer if the contract is silent on the issue?
Must the buyer conduct due diligence enquiries? Are there non-compulsory
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Tipping off and prejudicing an investigationIt would undermine the benefit to the authorities if, a suspicious activity report (SAR) having been made, the alleged offender were to be made aware of the interest in their activities so that they could take steps to cover up their misdeeds or disappear.
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Produced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance in relation to parties who are, or may be presumed to be, acting in concert for the purposes of The City Code on Takeovers and Mergers (the Code). In particular the
0330 161 1234
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