Fakes have always existed, but the very high prices which art and antiquities now command mean that we are witnessing ever greater numbers of fakes and forgeries in the major art markets. This book focuses on the contractual relationship between the buyer and seller and explains the circumstances in which the courts of three major art market countries (Switzerland, France and England) approach claims concerning inauthenticity.
About the book:
This book examines the scope of the seller’s duty, within each of the jurisdictions at issue, to inform the buyer of facts relevant to the issue of authenticity, together with the contractual force of any guarantees given by the seller. The author analyses the concept of mistake as it applies in each of the countries under consideration, and examines dol as a vitiating factor in Swiss and French law, and misrepresentation in English law. An account is given of the buyer’s remedies, including damages and setting the contract aside, and attention is paid to the problem posed for the mistaken buyer by limitation periods. The text also contains a number of useful appendices, including a table of limitation periods, and the relevant statutory provisions from Swiss, French and English law.
Carolyn Olsburgh is a practising lawyer with Lalive Attorneys-at-law in Geneva, Switzerland. She was admitted to the Geneva Bar in 2000 and obtained a Master of Law from the University of Cambridge.