Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 05 DECEMBER 2012

Spencer’s Art Law Journal - Vol. 3, No. 2 - Fall 2012

Carter Ledyard & Milburn LLP
Carter Ledyard & Milburn LLP
Contributor
Carter Ledyard & Milburn LLP

Carter Ledyard & Milburn LLP

Carter Ledyard & Milburn is a general practice law firm headquartered in the Financial District....

View firm profile
Explore more from Carter Ledyard & Milburn LLP

This issue opens with an excerpt from Michael Findlay’s new book, The Value of Art: Money, Power, Beauty. How the art world values art is important because the concept of "value" is at issue in art disputes, often to calculate the measure of damages for lost, stolen or damaged artwork. How value is assessed is also essential when deciding on the information disclosures and representations in art transactions.

United StatesMedia, Telecoms, IT, Entertainment
Ronald Spencer
Ronald Spencer

Editor's Note

This is Volume 3, Issue No. 2 of Spencer's Art Law Journal. This Fall issue contains excerpts from a recently published book, and two essays which will become available by posting on Artnet starting November 2012.

This issue opens with an excerpt from Michael Findlay's new book, The Value of Art: Money, Power, Beauty. How the art world values art is important because the concept of "value" is at issue in art disputes, often to calculate the measure of damages for lost, stolen or damaged artwork. How value is assessed is also essential when deciding on the information disclosures and representations in art transactions.

The first essay (Stemming the Tide ... ) discusses a development in federal law that eliminates the option of using the federal Lanham Act to sue experts over statements regarding authorship or authenticity of works of art. While this legal issue was most recently decided in federal court in New York in Gilbert v. Indiana, in a

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

California Requires Disclosure Of AI-Generated People In Advertising

California has enacted a groundbreaking AI disclosure law requiring advertisers to clearly identify when synthetic performers appear in their marketing materials. The legislation, set to take effect in 2027, includes a private right of enforcement that could potentially open the door to class action litigation against brands using AI-generated performers without proper disclosure.
United StatesMedia, Telecoms, IT, Entertainment
Foley Hoag LLP
Foley Hoag LLP
Article

FCC Revises TCPA Consent Revocation Rules: Exclusive Opt-Out Methods, Category-Specific Revocations, And Other Key Changes

The Federal Communications Commission has unanimously approved sweeping changes to its Telephone Consumer Protection Act consent revocation rules, fundamentally altering how businesses must handle consumer opt-out requests for calls and texts. These new regulations replace the controversial 2024 "revoke all" rule with more flexible options that allow companies to designate exclusive opt-out methods while distinguishing between marketing and informational messages.
United StatesMedia, Telecoms, IT, Entertainment
Kelley Drye & Warren LLP
Kelley Drye & Warren LLP
Article

FCC Tightens Equipment Rules

The Federal Communications Commission has adopted sweeping new restrictions targeting equipment containing components from entities on its Covered List, fundamentally reshaping how manufacturers, online marketplaces, and equipment modifiers must approach FCC compliance. These rules establish unprecedented prohibitions on logic-bearing hardware components, impose strict display requirements for e-commerce platforms, and clarify when existing authorizations can support equipment modifications.
United StatesMedia, Telecoms, IT, Entertainment
Steptoe LLP
Steptoe LLP
Article

Nationwide EAS Test Coming November 17, 2026

FEMA and the FCC will conduct a nationwide test of the Emergency Alert System on November 17, 2026, requiring participation from all radio and television stations, cable systems, and satellite services. EAS Participants must file three separate forms through the EAS Test Reporting System, with specific deadlines ranging from October 30, 2026, through January 2027. Certain translator and repeater stations are exempt from the registration and filing requirements.
United StatesMedia, Telecoms, IT, Entertainment
Wiley Rein
Wiley Rein
Article

Rule 15a-6 Of The Securities Exchange Act: A Guide For Foreign Broker-dealers

SEC Rule 15a-6 creates a framework allowing non-U.S. broker-dealers to engage with American institutional investors and conduct certain securities activities without full SEC registration. The rule establishes specific exemptions and requirements, including the use of chaperoning broker-dealers, while balancing market access with regulatory oversight. Understanding these provisions is essential for foreign broker-dealers seeking compliant pathways to U.S. capital markets.
United StatesCorporate/Commercial Law
Carter Ledyard & Milburn LLP
Carter Ledyard & Milburn LLP
Article

New York’s Data Center Moratorium: A Practical Roadmap Through The One-Year Pause

New York has become the first U.S. state to implement a statewide moratorium on major data center development, halting discretionary environmental permits for facilities of 50-megawatts or more for one year. Governor Hochul's Executive Order #62 directs state agencies to study and establish new regulatory frameworks addressing environmental impacts, utility costs, and community benefits, while exempting projects with permits deemed complete before July 14, 2026.
United StatesEnvironment
Carter Ledyard & Milburn LLP
Carter Ledyard & Milburn LLP
Article

Tariff Recovery Litigation: Class Of All Importers Who Paid IEEPA Duties Certified By The Court Of International Trade

The Court of International Trade has certified a class action encompassing all importers who paid IEEPA tariffs between February 2025 and February 2026, providing a pathway for recovery even for those who haven't filed individual claims or participated in the CAPE program. This landmark decision particularly benefits smaller importers who may have been unable to navigate the refund process independently, with the court emphasizing comprehensive notice and supervised refund procedures.
United StatesLitigation, Mediation & Arbitration
Carter Ledyard & Milburn LLP
Carter Ledyard & Milburn LLP