Now the chairman of Sotheby's Financial Services, Klabin was previously approached to back a competing offer to block last year's buyout of the auction house by Patrick Drahi

The latest virtual fair, OVR:2020, limits 100 galleries to showing six works each, all produced this year—we pick our highlights

The Museum of Contemporary Art at the University of São Paulo claims it is owed $3.6m for conserving and storing around 1,600 works repossessed from bankrupt Banco Santos president Edemar Cid Ferreira

Daata fair is dedicated to video and digital works and aims to reach collectors who “simply don’t have the patience” to watch films at real-life fairs

Paris's major contemporary art fair has been scrapped due to Covid-19 fears, but galleries are divided over whether the decision was wise or "lacking courage"

In lieu of an October fair, the blue-chip galleries will congregate around the Mayfair street during what would—under normal circumstances—be the London art market's busiest month

Judgment this week ruled in favour of the Financial Conduct Authority's test case seeking clarification of policies as many insurers refuse to pay out during the pandemic

Art021, West Bund Art & Design Fair and Art Taipei among fairs due to open in the region this autumn despite travel restrictions, shipping woes and Covid-19 fears

The Paris art fair had seemed defiant in the face of coronavirus but organisers say they could not “meet the legitimate expectations of its exhibitors”

New venture Superblue aims to attract younger audiences by selling tickets for immersive events, but its model is at odds with a socially distanced society

Delay and cancellation of events early next year prompts the question: will Frieze Los Angeles still take place in February?

Phoebe Saatchi Yates has collaborated with her husband and father to launch 10,000 sq ft Mayfair gallery focused on “unknown” artists

The controversial yet colourful Santa Fe-based art and antiquities dealer announced that his treasure had been found shortly before his death

Event still plans to run this week and hopes for a less distracted local Russian collector base, starved of international art travels

Covid-19 has forced galleries to cut staff by 33% on average as sales plummet 36% in the first half of 2020—and optimism is dwindling for next year

Ewan Venters will join the mega gallery in January with a focus on leading the business while co-presidents concentrate on the artists

The Covid-19 crisis presents an opportunity for artists to reclaim power from the institutions that buy, sell and show their work

Portrait thought to be of Thomas Arundell is to be auctioned at Woolley & Wallis this week

From Berghain's lockdown exhibition to the Brücke Museum's Vivian Suter display, here's what to see in the reigning contemporary art hub this week

Arcis, a high-tech $50m art storage facility in Harlem, opened in 2018 and allowed for tax-free transactions

French expert Marc Restellini claims substantial modifications to Italian painter's 1915 portrait of Beatrice Hastings were not mentioned by Christie's when the picture was sold—twice

The fair's organisers say they have "no other option" as Covid-19 cases in Florida stay stubbornly high and US travel restrictions remain in place

From Danh Vo in London to Linda Stark in Los Angeles

In light of recent social shifts, major market events "need to rethink, reinvent and rejuvenate" by including more under-represented classes of artists, director says

All works—by artists such as Basquiat, Warhol and Rammellzee—will make their auction debut in the sale, which is expected to make $1m for the LGBTQ nonprofit the Center

Instagram scheme rallying art community in the wake of the pandemic has so far generated £60m

The New York dealer Edward Ressle opens a space in Shanghai, in the footsteps of the UK's Flowers Gallery and France's Villepin ventures in Hong Kong

With no Frieze Art Fair, contemporary art London sales at Christie’s, Sotheby’s and Phillips will now take place at the end of October, when Fiac is due to open in Paris

Like a stock ticker, the new data platform scrapes the internet to give users a constant stream of information about art

Many black artists objected to an exhibition after they discovered their work had been acquired by the museum through discounted sales to benefit anti-racism causes