Art market

Lawnews

Jeff Koons and Larry Gagosian file motion to dismiss collector’s 'impatient' demands for work he did not receive

Steven Tananbaum sued the artist and gallery in April for failing to deliver works he bought in 2014

How did Adrian Ghenie conquer the art market?

The Romanian painter’s prices have increased 160-fold over the past decade. But who, or what, is behind this steep rise?

Get over the unpronounceable names—go east for talented, smart artists at affordable prices

ArtVilnius fair has just held its tenth edition and is building the market for ex-communist countries with long artistic traditions

Supply wrung out? End of term feel to London Impressionist and Modern art auctions

Sotheby's sale fell below estimate while Christie’s provided some cheer, showing there is still money in Monet – but only the right one

Georgina Adam. with additional reporting by Anna Brady

Damien Hirst’s former manager Frank Dunphy to sell art collection

Sotheby’s auction includes personal works by Hirst gifted to Dunphy, or sketched on the back of restaurant menus

Collector's Eye: Grazyna Kulczyk

The Polish art lover on her fascination with female artists and how she wishes she could have been seated at Judy Chicago's Dinner Party

Rapper pays $18.5m for work at auction but the artist gets nothing—is the system in need of reform?

Anny Shaw asks if auction houses and dealers should pay their dues to the artists from whom they profit

Done deals: what's selling in Basel this week

Follow our tweets tagged #TANsalestally for notable purchases from Art Basel and the surrounding fairs

Art dealers slam proposed European Union licence regulations

Revising import controls on cultural goods could impact negatively on trade, dealer organisations say

Martin Bailey. , with additional reporting by Anna Brady

Could fairs publish sale prices? Don’t hold your breath

“For all the supposed desire for transparency, no one will make the first move”

What are the limits of Art Basel’s Unlimited?

Sector has raised the bar for large works, but price and size do not always match

'Can the art market thrive in a sharing economy?'

Melanie Gerlis on how millennials don’t seem to have the same collecting gene as previous generations

Art Basel tests Turner Prize’s sway with foreign buyers

Is the UK’s premier award a big draw for international collectors?

Marshall arts: how collectors fell for Kerry James

Artist lands two big sales at Art Basel after record-breaking auction result

Plastic fantastic at Art Basel

From Gursky to Barney, our pick of five plastic-related works at the fair

Lawnews

New York judge orders two Schiele works sent to Christie’s, where they could be auctioned

But the watercolours are currently at the centre of a closely watched restitution lawsuit

French dealer awarded rights to Chinese artist T'ang Haywen's work

Paris court decision ends legal saga that began in 1991, when the artist died without an heir

A word with Marc Spiegler

Art Basel’s global director on collector behaviour, auction price databases and the complexity of the art market

Gender politics to the fore at Basel satellite fairs Liste and Volta

“The personal is political—this is a clear and present undercurrent,” says Volta artistic director Amanda Coulson

Lawnews

Daughter sues her father over Jean-Michel Basquiat painting

Belinda Neumann-Donnelly claims the work could have made an extra $15m if Hubert Neumann had not tried to block its sale

Collector appeals for return of Pissarro painting restituted through a 1945 order made by the Allies in France

"This may raise many important Holocaust issues for the French market," Christie’s says

Sotheby's sues Greece over its claim to ancient bronze horse

A case of man bites dog: auction house turns the tables on Greek government after it was forced to withdraw the figure from New York sale in May

A Saatchi for the next generation? Damien Hirst commissions 21 works by emerging artists for new show

Artist mentored Boo Saville, Helen Beard and Sadie Laska, allowing them to create their largest pieces to date in his studios for Newport Street Gallery show

Iran’s art market defies expectations in face of US sanctions with new fair

In a first for Iran, the Teer Art fair is set to open amid a growing but fragile market environment

Are Sergei Skripal sanctions hitting Russian buying and selling at UK auctions?

Hostile relations between Russia and the West following attempted poisoning of former MI6 spy may dampen bidding at London's Russian sales

Zao Wou-Ki dominates Hong Kong auctions

The Chinese-French Modern master continues to lead art market in Hong Kong

Russian tycoon accuses Yves Bouvier of 'campaign of disinformation' as US calls off investigation into Swiss entrepreneur

Dmitry Rybolovlev's $450m windfall from Salvator Mundi sale undermined fraud allegation, report says, but criminal cases against Bouvier in Europe are ongoing

Tom Thomson sketch hidden in Canadian basement sells for C$480,000 at auction, more than double its high estimate

The work’s owner, a retired nurse, chose not to attend the sale in person due to nerves “in case it was worth something”

Banksy’s records will tumble in ‘greatest hits’ show, former dealer says

Highest price to date is $1.9m, but Steve Lazarides says some paintings have a £2m-plus price tag