LONDON, 22 FEBRUARY 2017: ART DUE DILIGENCE GROUP LAUNCHED IN LONDON
A new art advisory group has been formed to help ease the pitfalls of buying and selling art and antiques.
The Art Due Diligence Group (ADDG) comprises a network of legal advisors and firms who have teamed up to provide a range of services from title claim checks, recovery of stolen artworks and provenance research to dispute resolution, insurance and security services.
The firms and advisors who have joined ADDG are:
Chris Marinello’s Art Recovery International
Forensics and art research specialists Art Analysis and Research
Brokerage and fine art experts Vitruvian Arts Consultancy
A new not-for-profit database provider called Artive
Security and due diligence specialists Virtus Risk Management
Barrister chambers The 36 Group
Law firm Taylor Hampton Solicitors
Business advisor Pandora Mather-Lees Consultancy
Mediator Malcolm Taylor Consultancy
ADDG is targeting private collectors, dealers, museums and auction houses and said that those seeking help and advice can use “any of the services on an individual basis or subscribe to the ‘full comprehensive service’ to aid with complex transactions.”
Jessica Franses, an art lawyer, managing director of Vitruvian Arts Consultancy and a director of the ADDG said: “We have all seen what can happen when things go wrong. We are here to provide the necessary support to help minimise the risks of buying and selling art by helping with the reasonable steps that buyers and sellers can take before a sale in order to seek to avoid problems later.
“Our goal is to help to make due diligence a straightforward and standard process which works for the modern professional art trade.”
Article & Photo Credit: Antiques Trade Gazette