Art market

Guaranteed to smash records: Manhattan sales set new highs

Almost $2.5bn was spent on art in just six evening auctions last month, as the market is pushed to new levels for trophy works

Auctionscomment

Why Russian art has been left in the cold

And what can be done in the face of the country’s crippling political and economic crisis

Sony leaks shed light on Gursky’s licensing battle over super heroes

Gagosian Gallery and six Hollywood execs in months of negotiations to use images of Superman, Iron Man and Spiderman <br>

Plot thickens in alleged Picasso theft case

In addition to two portraits of Jacqueline Picasso, more than 60 other works are believed to have gone missing from a storage facility in Paris suburb

Russian billionaire’s family trust joins Picasso heir in accusations against leading art dealer

Olivier Thomas is released from police custody, while Yves Bouvier denies all allegations

Meet Woking’s answer to Roman Abramovich

Football club owner has built large collection, with more than 150 Modern British works on public display

Lawnews

Chaos in the courts as insurers fight to recover Superstorm Sandy losses

Three lawsuits allege that a storage facility company, a subsidiary of Christie’s, failed to take proper precautions, despite urgent warnings

Aristocrats seek buyers to take Old Masters off their hands

Bellotto paintings worth more than £23m to leave family collections after more than 200 years

Collectors flock to Paris for four fairs in one week

Serious buyers came out in force for Spring Art Week—a relief for dealers after a chilly winter

Hoteliers become curators as reproductions create market niche

Trend towards licensing works for use in the hospitality industry can offer a new income stream for artists

Japan’s contemporary artists fare better overseas

Dealers need to participate in international art fairs and have spaces abroad to gain respect back home

Online auctions: in a permanent revolution until someone gets it right

Sotheby’s has launched its third model, back in tandem with eBay, while its numerous competitors are trying many different methods to grow internet sales