Art Law (2024 Edition): Art and artificial intelligence, Art and forensics, Art and intellectual property—new fair use licensing, Art and estates and trusts—distribution of collections

Alexandra Darraby
Alexandra Darraby | Art Law Firm

Alexandra Darraby, legal commentator of Darraby on Art Law, is a founder and principal of The Art Law Firm, a leading authority on arts, architecture, new media, technology, intellectual property, estates and trusts, insurance and risk management.

On-Demand: January 17, 2024

1.5 hour CLE

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Program Summary

Our expert attorney will be offering invaluable insights to navigate the complexities of the art world, such as expertise in contracts, artwork analysis, copyright and estate planning.

Key topics to be discussed:

  • Contracts --How to Understand the Current Art Markets
  • Artwork as Res: How to Understand the Subject Matter
  • Copyright—Fair Use after US Supreme Court Andy Warhol Foundation case
  • Estates and Trusts—How to Maximize Tax Planning

Closed-captioning available

Speakers

Alexandra-Darraby_Art-Law-Firm_myLawCLEAlexandra Darraby | Art Law Firm

Alexandra Darraby, legal commentator of Darraby on Art Law, is a founder and principal of The Art Law Firm, a leading authority on arts, architecture, new media, technology, intellectual property, estates and trusts, insurance and risk management. Clients of the Firm represent all facets of the practice, including collectors, artists, galleries, governments, arts organizations, architects and designers. Alexandra is former Director and owner of a contemporary gallery, law professor and curator of corporate & gallery exhibitions. Alexandra’s model agreements are used by museums, collectors, artists, galleries, dealers, appraisers, conservators and others. She served as a court appointed expert, a specialist abroad for the U.S. government, a keynote and featured speaker in the USA, Russian Federation, the UK, the EU, and Czech Republic. Darraby, a rated Super Lawyer, has represented indigenous interests on intellectual property rights, internet art, copyright and sales, and brands, and business and creative clients on registrations, trademarks and culture, including curatorial role of museums and collections.

Thomson Reuters West 25th Anniversary DARRABY ON ART LAW, Volume Nos. 1-3 is available from the publisher and for CLE registrants from West Publisher at a professional discount using Discount Code: ARTLAW 2020 Recent and upcoming publications include:

  • A User’s Guide to The Metaverse, Technology and Beyond
  • NFTs and Metaverses: Go Boldly Where None Has Gone Before, LA Daily Journal/California Lawyer (Feb. 23, 2022)
  • Warhol Redux (New Matter Spring 2022)
  • Washing Art: Money Laundering and Terrorism (Law 360 Jan. 2022)
  • Fair Use, Art Appropriation, Transformation Equity Justice Under the Constitution: Andy Warhol Foundation v. Goldsmith, New Matter (Fall 2021)

Media coverage includes New York Times, Los Angeles Times, Art & Auction, Newsweek.com, MSNBC.com, NPR The World, Designers West, Smithsonian Institution.

Ms. Darraby is Division Chair of International on the ABA Forum on Entertainment and Sports Law, a Past Chair of the International Section of California Lawyers Association, formerly the State Bar. She served as Reporter to the Uniform Law Commission on cultural property and authored a multipart series on UCC consignment and sale of artworks. Her articles and byline are published in dozens of art, design, architecture, business and law media. Visit the website for a complete list of publications and media https://www.artlawfirm.com.

Contact data: [email protected]; https://www.artlawfirm.com

Agenda

I. Contracts –How to Understand the Current Art Markets | 2:00pm – 2:20pm

  • What to Look for in Economic Factors and Financial Markets
  • Auctions
  • Advisors
  • Dealers and Galleries

II. Artwork as Res: How to Understand the Subject Matter | 2:20pm – 2:40pm

  • Analysis and Evaluation
  • Objective Criteria
  • Subjective Factors
  • IRS and Valuation

III. Copyright—Fair Use after US Supreme Court Andy Warhol Foundation case | 2:40pm – 3:00pm

  • Contemporary Methodology for Fair Use
  • Application of Fair Use Factors to Artworks and Creative Content

Break | 3:00pm – 3:10pm

IV. Estates and Trusts—How to Maximize Tax Planning | 3:10pm – 3:40pm

  • Trusts
  • Foundations
  • Legacy
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