Law360, New York (September 07, 2012, 1:14 PM ET) -- There is an old legal adage that you should never ask a question in court if you don’t know what the answer will be. That adage can perhaps be applied to a recent lawsuit that could lead to the demise of the California Resale Royalties Act.
In October 2011, identical complaints were filed against Sotheby’s and Christie’s in federal court in California. The complaints alleged that the auction houses had deliberately failed to comply with the California Resale Royalties Act by failing to pay royalties when...
Artist Resale Royalties: The State Of Play In The US
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