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Negotiation of Art Consignment Agreement

Case Title: Negotiation of Art Consignment Agreement
Practice Area: Corporate, Capital Formation & Securities Law 
Case Desc:

Tannenbaum Helpern's attorneys represented a client who consigned several hundred works of art worth approximately $100 million to a major auction house for sale at auctions around the world. In addition to negotiating the complicated business terms related to the consignment and sale, including a very significant guarantee and advance, the transaction was complicated by a bank lien on certain works and a related payoff mechanism. Tannenbaum Helpern's corporate attorneys successfully negotiated with both the auction house and the bank so that the works of art could be transported in time for auction.

Attorney(s): James Rieger 
Industry: Visual Arts 
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