03.09.15

Christopher  A.  Marinello  -­‐  CEO,  Art  Recovery  Group    • 30  years  as  a  Prac+cing  A0orney  • Member  of  Advisory  Council,  American  Appraisers  Associa+on  

• Member  of  Arts  &  Records  Commi0ee,  Inland  Marine  Underwriters’  Associa+on  

• Adjunct  Professor  New  York  University:  Law  &  Ethics  in  the  Art  Market  

• Recovered  and  resolved  disputes  involving  artwork  valued  at  over  $400m  

• Founded  Art  Recovery  Group  2013  

• Launched  ArtClaim  Database  in  2015    

03.09.15

ReputaFonal  issues  are  everywhere  in  the  art  market  

•  Arrests  •  Seized  works  •  Money  laundering    •  Other  accidents  .  .  .  

03.09.15

ReputaFonal  issues  are  everywhere  in  the  art  market  

•  Arrests  •  Seized  works  •  Money  laundering    •  Other  accidents  .  .  .  

03.09.15

ReputaFonal  issues  are  everywhere  in  the  art  market  

•  Arrests  •  Seized  works  •  Money  laundering    •  Other  accidents  .  .  .  

03.09.15

ReputaFonal  issues  are  everywhere  in  the  art  market  

•  Arrests  •  Seized  works  •  Money  laundering    •  Other  accidents  .  .  .  

03.09.15

Recoveries  in  the  media  

The  majority  of  our  cases  you’ll  never  hear  about    

• Reputa+onal  issues  • Legal  issues  

• Confiden+al  resolu+ons      

03.09.15

Recovery  cases  

•  Saint  Cirq  Lapopie,  Henri  Mar+n  

•  Stolen  2012,  recovered  2014  

•  Returned  subject  to  maintaining  

confiden+ality  of  possessor    

03.09.15

•  Femme  Assise,  Henri  Ma+sse  

•  Stolen  1940,  recovered  2015  

•  Ini+al  recovery  terms  dependent  on  

resolu+on  of  reputa+onal  issues  

Recovery  cases  

03.09.15

Recovery  cases  

•  Woman  in  blue  in  front  of  a  fireplace,  

Henri  Ma+sse  

•  Stolen  1940,  recovered  2014  

•  Reputa+onal  concerns  a  key  element  

in  successful  resolu+on  

03.09.15

•  Portrait  of  a  Gentleman,  El  Greco  

•  Stolen  1944,  recovered  2015  

•  Res+tu+on  terms  included  

reputa+onal  considera+ons  for  

possessor  

Recovery  cases  

03.09.15

Recovery  cases  

•  Young  girl  with  snake,  Rodin  

•  Stolen  1991,  recovered  2015  

•  Recovery  terms  included  reputa+onal  

considera+ons  for  possessor  

03.09.15

Recovery  cases  

•  Reputa+onal  issues  increasing  in  

complexity  as  the  art  market  grows  in  

complexity  

•  Art  market  needs  to  be  more  aware  of  

the  importance  of  reputa+on  in  how  

it  behaves.  

•  Due  diligence  a  cri+cal  part  of  this.