Recently introduced in the Senate, the Art Market Integrity Act seeks to enhance transparency in the art market by subjecting high-value and international transactions to anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.  

On Friday, the firm earned a decisive win in a long-running dispute against “former hedge-fund star” Philip Falcone, obtaining a fraud judgment in connection with a series of loans that Falcone took from our client—secured by his wife’s 20-carat Harry Winston diamond ring, as well as artworks by Picasso, Hirst, and Prince.

The Firm achieved a significant milestone this week after a federal Judge found that it would be appropriate to hold in contempt art dealer Andrew Foster, and issue a bench warrant for his arrest, after he “thumbed his nose” at the Court for completely failing to participate in post-judgment discovery—all the while, flaunting luxury travel, private flights, and fine dining on his social-media accounts.

Special Counsel Kate Lucas and Associate Jacqueline Jakimowicz recently shared legal insights on catalogues raisonnés at the Center for Art Law.

This week, the Grossman team obtained an important victory in yet another case arising out of the fraudulent schemes of disgraced art dealer Inigo Philbrick.  Our clients in this litigation were part of a group who, at Philbrick’s behest, co-invested in a Christopher Wool artwork.

This past fall, we proudly announced a major victory for our client in a complex dispute over an important Basquiat painting at the center of the fraudulent schemes of disgraced art dealer Inigo Philbrick.  Now, after nearly six years of litigation, we are pleased to report that yesterday, a federal judge upheld the earlier ruling in its entirety.

After a four-year legal battle, famed artist Jeff Koons has defeated a copyright lawsuit by another artist whose artwork was incorporated into a 1990 Koons project; earlier this spring, a federal judge held that plaintiff had waited too long to sue and his claims were time-barred.  

The Second Circuit Court of Appeals has weighed in on a dispute between the Art Institute of Chicago and the heirs of a Holocaust victim, over an artwork by famed Expressionist artist Egon Schiele. 

President Trump’s recent trade tariffs on Canada, Mexico, and China have led to major disruptions in the global art market, increasing costs and uncertainty in international art transactions. 

A report from the U.S. Copyright Office and a recent federal court decision are adding to the already complex legal landscape in which artificial intelligence (AI) tools are rapidly evolving.  These new developments are relevant to anyone interested in how AI is changing the creative arts and copyright law.

A team of experts is investigating a painting bought for under $50 at a garage sale, believing it to be an undiscovered portrait by Vincent van Gogh.  The story illustrates some of the newest methods—and thorniest challenges—of authenticating art.

Grossman LLP is picking up right where it left off last year, securing two significant victories last week in New York federal and state court art-related disputes. 

2024 was another exceptional year for Grossman LLP, as we advanced our decade-plus legacy of trailblazing work in the field of art law, successfully representing our clients in a variety of complex litigation and transactional matters.

In a special segment of The Baer Faxt Live from Art Basel Miami Beach, Judd Grossman recorded live with Josh Baer from the Miami Beach Convention Center on the fair's VIP opening day.

Grossman LLP is pleased to welcome Emily Andersen and Jacquie Jakimowicz to our growing practice. 

Last month, a New York court dismissed a lawsuit by the former president of the board of directors of the Helen Frankenthaler Foundation, in a case focused on allegations of misconduct and self-dealing by the Foundation’s board members.  The court did not substantively analyze the merits of the plaintiff’s claims, but the case highlights the importance of clear and thoughtful governance procedures and standards for art-related not-for-profit organizations.

​After more than four years of litigation, a federal judge has delivered our team a total victory, ruling that our client holds full title to the multimillion-dollar Basquiat painting at the center of disgraced art dealer Inigo Philbrick’s massive fraud.  

A recent dispute over a one-of-a-kind Wu-Tang Clan album highlights some of the potential challenges inherent in ownership of digital art.  The suit was initiated by PleasrDAO, an international entity that collects important works of digital media, against disgraced former American pharmaceutical executive Martin Shkreli.

A recent federal court decision illustrates some of the challenges inherent in commissioning outdoor environmental artwork; the difficulties parties face in making sure that both the art and their contracts will withstand the test of time; and the limitations of the Visual Artists Rights Act of 1990 (VARA).

In a move that may cause ripples in the competitive art world, the Federal Trade Commission recently issued a final rule that, if it goes into effect as planned later this year, will ban most forms of non-compete agreements between employers and employees.