29/10/2019 8:30 AM - 10:00 AM
As a result of art fairs, auction sales, gallery sales, exhibition loans, business and domestic relocation, art collections on yachts & planes, etc. literally thousands of art objects are likely to be on the move on a daily basis. The movement of art across borders will likely give rise to both regulatory or tax considerations. Failure to comply with these may give rise not only to fines or criminal charges, but may also result in the impounding or even destruction of the object involved.
AMANDA GRAY (Partner, Mishcon de Reya LLP) will speak on exporting art from the UK with NIC ARNOLD (Partner, PwC) looking at the import issues. PANDORA MATHER-LEES (Pandora Art Services) will speak about the regulatory risks facing superyacht owners as they voyage through different jurisdictions.
The seminar will last around an hour and be followed by a short introduction to and a chance to view Lyon & Turnbull’s auction, The Classic Tradition. The sale takes place on 30 October.
Amanda is a Partner in Mishcon Private, specialising in Art Law and the related field of Luxury Assets. She assists clients, including collectors, dealers, auction houses, artists, public and private institutions and foundations, with a broad range of contentious and non-contentious issues. These include sale and purchase agreements, art and antique collection management, loan and agency agreements, artists’ resale rights regulations, special projects and bringing new discoveries to the market place. She has worked across a diverse range of legal problems faced by those operating within the art market and luxury assets fields.
Nic is a Director in PwC’s International Private Client Tax Team specialising in working with Family Offices and complex high net worth individuals. Her clients have an international footprint with family members, property, investments, businesses and private assets which span the globe. Nic heads up PwC’s Luxury Asset Advisory Team which provides specialised tax and consulting advice on owning, managing and acquiring superyachts, aircraft, art and other high value assets.
Pandora has been involved as an art specialist with the cultural sector for over twenty years with several commercial arts organisations including the critical area of logistics. She is a member of the Association of Art Historians, The Worshipful Company of Arts Scholars and a Fellow of the RSA. She is Senior Editor of the Family Office Magazine, a founder member of the Art Due Diligence Group and works with ACREW which provides high–standard worldwide events introducing professional development opportunities to superyacht captains and crew. Through Pandora Art Services she provides training in the practical care of fine art & design on board yachts, and for estates and private residences.