Litigation

Partner Bill Charron's recent motion to New York’s highest court to appeal the validity of claims by heirs of an Austrian family to a pair of Egon Schiele drawings was highlighted in a recent New York Law Journal piece. 

Charron, who heads the firm's Art Law practice and represents London-based dealer Richard Nagy, noted that “the availability of the defenses of laches and collateral estoppel are critical to provide certainty to the New York marketplace, especially when dealing with collections of art and other property that may be sold in distinct parcels to multiple buyers.” 

He went on to note that "the doctrine of collateral estoppel should have barred the re-litigation of issues settled in federal court while Nagy’s date of acquisition should have been irrelevant to his laches defense."

The full article is available here.

More About Pryor Cashman's Art Law Group

The Art Law Group at Pryor Cashman provides boutique firm specialization within a full-service law firm platform. We represent stakeholders throughout the art market at both the individual and institutional levels, including collectors, family offices, galleries and dealers, advisors and appraisers, auction houses, museums, foundations and artists. We handle hundreds of millions of dollars in art deals each year, and have been responsible for major, precedent-setting legal victories in courts.