Art market

Fourth Sotheby’s shareholder files lawsuit in bid to block $3.7bn sale to Patrick Drahi

Auction house says such litigation is “routine in the US”, with deal expected to be completed by the end of the year

Timothy Sammons 'very remorseful' as he is jailed for defrauding clients of up to $30m

British art dealer sentenced to up to 12 years after pleading guilty to fraud and grand larceny in the New York State Supreme Court

Female artists outperform men when their work returns to auction, report finds

A data study by Sotheby's Mei Moses reveals a 73% increase for work by women in repeat sales, while men lagged at 8%

Lawnews

London art dealer Joseph Nahmad banged partner’s head against wall during drunken row at Knightsbridge flat

Nahmad could face jail time after admitting two counts of assault against Georgia Barry

Brexit contributes to 10% drop in sales at Sotheby’s in first half of 2019

Sale to telecoms magnate Patrick Drahi looks set to go ahead as firm makes up for a loss in revenue through increased commissions and more efficient guarantees

Dealer Karsten Schubert—champion of YBAs including Rachel Whiteread and Gary Hume—has died, aged 57

The German-born gallerist and publisher was a key figure in the London art world for more than 30 years

Dealersinterview

Michael Findlay: 'You don’t make art good by making it expensive’

A fixture of New York’s art scene since the 1960s, dealer Michael Findlay mourns the loss of the city’s local market and fears that the cost of real estate will destroy innovation

Art marketarchive

Elaborate, traditional pieces sold well at the latest auctions

Chinese and Russian buyers with a taste for the ornate have added a new layer of bidding and are forcing prices ever higher

Art marketarchive

Decorative arts sales shift to Chicago

New York vies with London for nineteenth- and twentieth-century decorative arts sales, but Chicago is coming on quickly

‘Grand Paris’: new art complex to open in Parisian suburb

Galleries such as Air de Paris and Fabienne Leclerc will relocate to a refurbished industrial space in Romainville

'An increasingly polarised marketplace needs a third way'

The divide between primary and secondary markets blur as sales skew in favour of a few recognised, bankable artists

Are exotic islands and big bucks the way to an artist’s heart?

As artists and their estates become choosier about representation, galleries are going all out to keep them happy

New York thrift store find turns out to be valuable Schiele drawing

Work found at a Habitat for Humanity shop is estimated to be worth as much as $200,000

Louise Bourgeois: a buyer's guide

The late French artist’s phallic bronzes are not as easy to home as many of her other works, but it is the spiders that remain the most coveted— and hardest to come by

Two shareholders seek to block Sotheby’s purchase by BidFair

Lawsuits argue that information filed to the SEC is inadequate

Art marketarchive

A rising market: contemporary decorative arts

Is it design, or art, or craft? Who cares. One thing is certain: the British are best at it

Phillips names Olivia Thornton head of 20th-century and contemporary art in Europe

The appointment comes after a handful of new hires across the auction house’s offices

Collectorsarchive

French collectors step up buying at FIAC

Making a making a remarkable return to the contemporary art world

Art fairsarchive

US collectors attend Art Forum Berlin in force

New German artists have put this fair back on the map

Art fairsarchive

French collectors boost sales at FIAC, Paris

Billionaire François Pinault bought Chen Zhen and Pistoletto

Collectorsarchive

Top German collector disappoints museums by selling loans

Hans Grothe has sold 700 works to Wella hair-care billionaires for E50 million

Art marketarchive

Influx of new collectors of American paintings boosts market

Even third-rate works are now selling for six figures

Will the V&A buy this £7 million roundel?

Export license could be extended until November

Biennale Paris vetting committee co-presidents withdraw two months before the fair is due to open

Chairmen of the CNE and the SFEP say the fair's vetting experts disagree over the admission of two exhibitors to this year's edition

‘Brexit changes the game’: David Zwirner to open Paris gallery

Mega-dealer’s first space on the European continent will open to coincide with Fiac art fair this autumn

Himali Singh Soin named winner of the Frieze Artist Award

The commission marks the first time the prize has been awarded for a film, which will debut in October as part of the fair's Live section

US-China trade war proves the 'last straw' for Pace Beijing

The gallery closed its mainland China outpost after ten years due to ongoing tariff hikes, but may expand its Hong Kong presence