*All session times noted are U.S Eastern Standard Time

Click HERE for a PDF program.

Friday, November 12, 2021

11:00am - 11:15am
 


 

Introduction

Linda Selvin, Executive Director, Appraisers Association of America
Sharon Chrust, AAA, Board President, Appraisers Association of America


Closed captioning sponsored by

 

 


11:15am - 11:45am

Keynote Address

Edward Dolman
Executive Chairman, Phillips

 
 
11:45am - 12:00pm

Brief Break

 


12:00pm - 1:15pm

 

 

 

 

 

 

 

How Much is That Token Worth?:
Examining the Legal, Appraisal and Insurance Questions Around NFTs

This panel will address the cutting-edge issues that drive value in the accelerating market for NFTs. Our expert panel will focus on contract terms, appraisal methodology, insurance, and the intellectual property issues underlying “smart contracts,”  providing insight into the question:  What do we as lawyers, advisors, appraisers, and collectors need to know to value NFTs?

  • Ankur Kacker, Senior Vice President, FINPRO Practice, Marsh
  • Megan E. Noh, Partner and Co-chair, Art Law, Pryor Cashman LLP
  • Patricia Shea, Patricia Shea Fine Art Advisory
  • Massimo Sterpi, Partner, Gianni & Origoni
  • Steven Schindler, Partner and Art Law Group Chair, Schindler, Cohen, & Hochman LLP, Moderator

1:15pm - 1:45pm

Lunch

 


1:45pm - 3:00pm

 

 

Sponsored by

 

 

 

 

 

 

 

 

Artists’ Estates – Inventory, Appraisal and Legacy

This panel of experts in art law, fine art and business appraisal practice, insurance, and estate planning will discuss the specific steps that artists, their advisors, family members, and fiduciaries should take both pre- and post death to ensure an expedient and comprehensive appraisal process which is in line with the artist’s desired legacy.

Panelists will share their experience with preparing estate tax appraisals for artists and will address IRS expectations in these situations, the content of the appraisal report, timelines for the report’s preparation and delivery, and specific recommendations for “do’s and don’ts.

Topics to be covered include: the importance of inventory management, classification and cataloging the art and archives, the location and condition of art property, insurance coverage and liability, authentication procedures, copyright and intellectual property issues, contract memorialization, blockage discount calculations, fees, and trustee selection.

  • Ashley Farrell, Senior Director, Collection Management, Winston Art Group
  • Carsten Hoffman, Managing Director, Stout
  • Karen McManus, President, Jacqueline Silverman & Associates 
  • Mary Pontillo, National Fine Art Practice Leader/Senior Vice President, Risk Strategies
  • Diana Wierbicki, Global Head of Art Law, Withers Bergman LLP
 


3:00pm - 3:15pm

 

Brief Break


3:15pm - 4:30pm

 

Sponsored by

 

 

 

 

The Veil May be Lifting:
What the Art Market Needs to Know About Current and Upcoming Disclosure and other Regulatory Requirements

In the U.S., beginning with the antiquities trade, regulators have their eyes trained on the art market to prevent money-laundering and other criminal conduct.  Regulators in Europe have imposed similar requirements as well.   This panel will analyze what regulations exist and which ones are likely just around the corner, and will suggest what best practices need to be in place when doing business in the art market.

  • Sandrine Giroud Esq., Partner, Lalive SA
  • Rena Neville Esq., Director, Corinth Consulting
  • Victor J. Rocco Esq., Partner, Herrick Feinstein LLP
  • Howard Spiegler, Member, Kaye SpieglerModerator

New York State CLE Credits:
Areas of Professional Practice - 4.5 CLE Credit Hours

ONLY for those who attend live on 11/12

 

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