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A Randolph Sale

By Intellectual Property Law, Esq.

Also in today's New York Times, Carol Vogel reports that Randolph College is selling one of the four paintings involved in its recent deaccessioning lawsuit at Christie's on May 28: "The [Rufino Tamayo] painting had been the cover image of Christie?s Latin American sale catalog in November. But the college was forced to withdraw [it] from the November auctions when a group of alumnae, students and donors obtained an injunction to stop the sale. The group posted half the $1 million bond required by the court but failed to raise the rest. The injunction was lifted in February; papers were filed last month to withdraw the lawsuit." She also reports that "no decision has been made about selling the other works."

Full post as published by The Art Law Blog on April 25, 2008 (boomark / email).