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"Where else in the world can you find something the size of a postcard with paint on it worth $5 million?"

By Intellectual Property Law, Esq.

The Miami New Times had a piece last week, timed to coincide with Art Basel, on "the rising tide of international art theft," much of it centered around South Florida. The bottom line:

"'The art world is very unregulated, and a lot of deals get done by handshakes and by the dealer's word,' says Bonnie Magness-Gardiner, the Langley-based manager of the FBI's art theft program. 'That kind of environment makes it possible for a lot of these crimes to take place.'"

Full post as published by The Art Law Blog on December 08, 2008 (boomark / email).