Skip navigation

Selling Artwork in a Turbulent Economy

Consignor protections and potential treatment in bankruptcy

Given the distressed economy in which art businesses are currently operating due to the global COVID-19 pandemic, galleries and auction houses are likely to be at greater risk of becoming insolvent. Artists and art collectors may be surprised to discover that they have different rights, depending on their connections to the consigned artwork, the types of consignees with whom they’re doing business and the locations of their consignments. Let’s review several key factors that inform the

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.

If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.

Questions about your account or how to access content?

Contact: [email protected]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.