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Possible Settlement of IRS Dispute Over Rauschenberg's "Canyon"

Posted by Nicholas O'Donnell on November 13, 2012 at 10:50 AM

At Friday’s outstanding Art Law Day presented by the Appraisers Association of America, among the highlights were talks by Ralph Lerner and Judith Bresler, co-authors of the indispensable Art Law (just published in its fourth edition). As part of a panel on Philanthropy and the Law, Lerner gave a notable update on one of the biggest art law stories of the year, the Sonnabend heirs’ battle with the IRS over Robert Rauschenberg’s collage Canyon.

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Topics: Art Law Day, Ralph Lerner, IRS Art Advisory Panel, Canyon, Robert Rauschenberg, Events, Appraisers Association of America, 1918 Migratory Bird Act, 1940 Bald and Golden Eagle Protection Act, Tax, Ileana Sonnabend, Judith Bresler

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The Art Law Report provides timely updates and commentary on legal issues in the museum and visual arts communities. It is authored by Nicholas M. O'Donnell, partner in our Art & Museum Law Practice.

The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.

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