Now That Authorities Have Seized Oligarchs’ Yachts, Is the Art in Their Freeports Next? + Other Stories

by AryanArtnews
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Art Industry News is a daily digest of the most important developments that emerge from the world of art and the art market. Here’s what you need to know on Friday, March 11th:

Must read

France withdraws art from the Kremlin Museum – Fifteen works from world-class French institutions such as the Louvre, Versailles and the French National Library have been drawn from the “From Trial by Combat to Noble Crime” exhibition scheduled for the Kremlin Museum in Moscow. .. France’s move follows similar actions by Britain, Spain and Austria in the wake of Russia’s invasion of Ukraine. ((((ARTnews).

Suzanne Lacy is about to make a difference from the inside – The work of artist Suzanne Lacy activist was once considered unsuitable for museum exhibitions. Decades later, it became the centerpiece of institutions on both sides of the Atlantic, from the Queens Museum in New York to the Whitworth Museum to the Manchester Museum in the United Kingdom (New York Times).

What’s happening in all Russian-owned art at Freeport? – – Freeport, where millions of dollars of art collections are stored tax-free, could be the next target as the Western government sanctions ultra-rich Russian oligarchs by freezing assets and detaining yachts There is sex. However, it can be difficult to track ownership of a particular piece that may be owned by a shell company that is equivalent to a Russian doll, rather than an individual. Most actions may come from people who are not yet on the sanctions list, but I expect them to come soon. “The logical instinct, and the instinct of self-preservation, is to take everything that is not bound by EU or UK jurisdiction and put it in a freeport or home,” said Lena, a money laundering prevention consultant.・ Neville says. ((((Bloomberg).

Christian Boltanski heirs pull the Russian show – The late artist’s exhibition “Esprits”, scheduled for March 14th at the Manesh Central Exhibition Hall in St. Petersburg, is the latest Russian exhibition by Western artists and will be postponed indefinitely. Boltanski was a descendant of Jewish immigrants from Odessa, Ukraine’s third largest city. “Exhibiting his father’s hometown in a country that is militarily invading would be inconsistent with his ideas, philosophies, and his work,” the artist’s property said in a statement. ((((Art newspaper).

Mover & Shaker

NFT Art Fund Wins Featured Investment – Curate, a new $ 30 million fund dedicated to investing in NFT art, is drawing attention from Marc Andreessen, Alexis Ohanian, Justin Kan and others. Also, the company, founded by Andrew Jean and Todd Goldberg, has its own NFT drop. ((((TechCrunch).

Dallas Contemporary Appoints New Director – Carolina Alvarez-Mathies, who has been Deputy Director of the Organization since 2019, will replace Peter Doroshenko, a retired director who will retire 10 years later, taking office as Managing Director in May. ((((Artforum).

Drop Mask Requirements for US Museums – Museums in the United States are gradually reducing mask requirements and vaccination checks as the Omicron surge in the country declines. Visitors to the Smithsonian Castle and the National Museum of Art in Washington, DC no longer need to wear masks. The Baltimore Museum “encourages” visitors to wear masks rather than forcing them. ((((Art newspaper).

Former Taiwanese daughter plays a role at the Metropolitan Museum of Art – Leslie Ma, founding curator of ink art at M + in Hong Kong, will join the Metropolitan Museum of Art in New York as the first Min Chu Sue and Daniel Shoe Asian Art Associate Curator in the Department of Contemporary Art. She is the daughter of former Taiwanese President Ma Ying-jeou. ((((Press release).

For art

M + wins Zao Wou-Ki gift – Zao’s daughter, Shinmei Roy, donated a total of 12 works to the Museum of Visual Culture in Hong Kong, including 9 prints, 2 oil paintings, and 1 watercolor painting. M + currently holds the largest institutional collection of Chinese and French master’s works outside of Europe. The announcement was accompanied by the release of a rarely seen archive image of the late artist with his second wife, Sin-May Roy Zao’s mother, Hong Kong actress May Zao (1930–72). ((((Press release).

May 1958 at the studio of Zao and Zao Wou-Ki, Lui Canming (father of Lui Shou-kwan). Source: Lui Shou-kwan Archive, M +

Provided by Sin-May Roy Zao and Zao Wou-Ki: Sin-May Roy Zao

Sin-May Roy Zao and Zao Wou-Ki.Courtesy of Mrs. Shin-Meiroi Zao

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