Noh Authors Article on Relaxation of AAMD Restrictions
Partner and Art Law Group co-chair Megan Noh wrote an article for the Institute of Art & Law on the resolutions put in place by the Association of American Museum Directors (AAMD) to ease the financial brunt of COVID-19 on its members. According to Noh,
“These resolutions reverberated through the art industry press, and with good reason: museums are currently facing unprecedented logistical and financial difficulties as a result of the COVID-19 pandemic, and a “free pass” to dip into previously-off-limits coffers would certainly be a game-changer, particularly given the highly controversial nature of deaccessioning in the United States. However, the relaxations on AAMD’s rules are far from a panacea to the museum communities’ current woes: these special dispensations are narrow, subject to pre-conditions and external legal requirements, and must be implemented in keeping with broader ethical and policy considerations.”
Read the full article titled, "Measured Relaxation of AAMD Restrictions Provides Some Flexibility for US Museums Navigating COVID Impacts."
Learn More About Noh's Practice
Megan Noh co-chairs Pryor Cashman's Art Law Group. With 15 years of combined experience in private practice and both in-house legal and business positions in the auction world, Megan has extensive knowledge of the complex issues impacting today’s art market. Her clients include auction houses, collectors, galleries, individual artists, estates, and non-profits, whom she counsels on a range of transactional and litigation matters.
