Tuesday, November 15, 2011, 8:30am – 6:00pm 

Co-Sponsored by ARIS & Heritage Auction Galleries
Co-Produced by New York University/ School of Continuing and Professional Studies and the Appraisers Association of America

8:30 – 9:00am   Check-in and Coffee
NYU Kimmel Center
Rosenthal Pavilion, 60 Washington Square South

9:00 – 9:30am   “Expert Opinions & Liabilities”
A presentation on legal liabilities potentially incurred by artist foundations and authentication boards when rendering of opinions of authenticity, including whether there is a duty to render such opinions, as illustrated by recent cases. Speaker: Judith Bresler, Withers Bergman LLP

9:40 – 11:00am   Duty of Care
An examination of professional and fiduciary liabilities for art market advisors, appraisers and attorneys who manage their clients’ art collections and how buyers and sellers of art are demanding greater due diligence in transactions, valuations and appraisals and art market risks. Moderator: Sherri North Cohen, ARIS; Panelists: John R. Cahill, Lynn & Cahill; Karl Geercken, Alston + Bird; Jane C.H Jacob, AAA, Jacob Fine Art; Dean R. Nicyper, Flemming Zulack.

11:00 – 11:10am   Coffee Break
Sponsored by Flemming Zulack Williamson Zauderer LLP

11:10 – 12:30pm   Tax Planning in a Changing Environment
A review of the issues on taxes, art ownership and transfer including discussions on sales and exchanges by collectors, federal capital gains tax, state income tax, installment sales, and like-kind exchanges; estate, gift, and GST tax rate and unified credit amount, marital deduction, estate liquidity issues, family limited partnerships, and basis issues. Moderator: Paul M. Roy, Withers Bergman; Panelists: Moira L. Crabtree, The Law Office of Moira L. Crabtree; Judith L. Pearson, ARIS; Renée Vara, Vara Fine Arts.

12:30 – 1:30pm   Lunch (on your own, list of cafes and restaurants provided)

1:30 – 3:00pm   Fine Art Shipping Disputes
A discussion on the topics in shipping fine art, including conservation and condition reports and appraisals, contracts and bills of lading, crating and packing, import and export duties and restrictions, insurance, limitations of liability, damages, loss adjustment and subrogation. Moderator: Jonathan S. Chernow, White, Fleischner & Fino, LLP; Panelists: Jonathan Schwartz, Atelier 4; Nicole Sheley, NS International; Greg Smith, Berkley Asset Protection; Sylvia Leonard Wolf, AAA, Sylvia Leonard Wolf, Inc.; Yuri Yanchyshyn, Period Furniture Conservation.

3:00 – 4:20pm   Beyond Valuation: A Practical Discussion of Stolen Art
A discussion of questions that arise when stolen or looted art surfaces in the marketplace or in the course of offering appraisal services. Practical discussions include the role of the Appraiser and procedures to follow when faced with stolen art issues as well as a briefing on the laws pertaining to these issues. Moderator: Christopher A. Marinello, The Art Loss Register; Panelists: Raymond J. Dowd, Dunnington, Bartholow; James E. McAndrew, Grunfeld, Desiderio; Howard N. Spiegler, Herrick, Feinstein; Deborah Spanierman, DGS Fine Art Consultants, Inc.

4:20 – 4:30pm   Coffee Break
Sponsored by Lynn & Cahill LLP

4:30 – 5:50pm   Valuation Inside and Outside of the Appraisal World
Issues between lenders and museums, including ways an insurance policy can be modified to accept flexible valuations; the valuation process for museum loans from private individuals and other institutions, and the Indemnity Program. Moderator: John R. Cahill, Lynn & Cahill; Panelists: Steven Pincus, DeWitt Stern; Suzanne Quigley, Art & Artifact Services; Dorit Straus, Chubb Group of Insurance Companies; Alice Whelihan, National Endowment for the Arts; Jane C.H Jacob, AAA, Jacob Fine Art.

6:00 – 8:00pm   Art Law Day Reception, Rosenthal Pavilion
Sponsored by Withers Bergman LLP

Art Law Day is not included in Conference registration; you must register directly with NYU/SCPS. Attorneys, please note: this program is eligible for 7 non-transitional CLE credits in the category of professional practice. AAA members please note: this program provides 7 CE points. For those facing financial hardship, applications are available for financial aid. Register directly with NYU/SCPS: Online at: Call: NYU/SCPS at 212.998.7289. Write $200 General Admission; $175 for AAA, ISA, ASA, RICS, APAA, POWArts, NYU students, NYC Bar Association.

Continuing Education
AAA Members receive 7 points for Art Law Day.

Please contact the Appraisers Association of America for further information on the program, tickets and accommodations. 212.889.5404, x 11; 212.889.5503 fax;

Participants may make reservations at AAA group rates at the following locations where we have reserved a block of rooms: New York Athletic Club, 180 Central Park South at 7th Avenue, 212.767.7135, $260-$360, cut-off October 21, 2011. Jolly Hotel Madison Towers, Madison Avenue at 38th Street, 212.802.0600, $259-$299, cut-off date October 21, 2011.

We gratefully acknowledge our sponsors

ARIS Title Art Insurance Corporation
Art Peritus LLC
Day & Meyer, Murray & Young
Doyle New York
Dunnington, Bartholow & Miller LLP
Emigrant Bank Fine Art Finance
Flemming Zulack Williamson Zauderer LLP
Harmer Johnson
Heritage Auctions
Lynn & Cahill LLP
Roland Antiques
Skinner, Inc.
Wither Bergman LLP

American Institute for Conservation
ARIS Title Art Insurance Corporation
Art Loss Register
Capo Auction Galleries
Chartis Private Client Group
Christie’s Fine Art Storage
Chubb Group of Insurance Companies
Day & Meyer, Murray & Young
Heritage Auctions
Hutter Auction Galleries
Period Furniture Conservation LLC

Board of Directors
Nancy Harrison, AAA
Alasdair Nichol, AAA
First Vice President
Elizabeth von Habsburg, AAA
Second Vice President
Daile Kaplan, AAA
Erica Hartman, AAA
Jane C.H. Jacob, AAA
Sharon Chrust, AAA
Recording Secretary

Kate Carmel, AAA
Roslyn Bakst Goldman, AAA
Shari L. Cavin, AAA
David A. Gallager, AAA
Ramona Hillier-O’Hara, AAA
Betty Krulik, AAA
Robert I. Levy, AAA
Elvin Montgomery, AAA
Anne Frances Moore, AAA
Kathy Rosenblatt, AAA
Jacqueline Silverman, AAA
Deborah G. Spanierman, AAA
Renée Vara, AAA
Beth G. Weingast, AAA
Jane H. Willis, AAA

Aleya Lehmann Bench
Executive Director

Judith A. Bresler
General Counsel

Conference Committee
Brian Cummings
Cole Ferry
Jennifer Garland Ross, AAA
Cynthia Herbert
Jane C.H. Jacob, AAA
Harmer Johnson, AAA
Aleya Lehmann Bench
Deborah Spanierman, AAA
Sabine Wilson, AAA

Register directly with NYU/SCPS; visit or call 212.998.7289; write for assistance.