UK Art Market Expert Guide: How to Respond to the Covid-19 Crisis?
- Analyst: Anders Peterson
- Pages: 64
ArtTactic is delighted to launch the UK Art Market Expert Guide: How to Respond to the Covid-19 Crisis? in partnership with Constantine Cannon, Hallett Independent , Rawlinson & Hunter and Kindleworth. The report can be downloaded for free.
About this report:
The impact of the rapid spread of the COVID-19 virus is already being severely felt by the art world, as social distancing measures are forcing gallery and exhibition spaces to close, and art fairs and auctions to be postponed or go online. The long- term impact of the current crisis is still too early to tell, but at the moment, surviving in the short-term is what really matters.
This is a ‘live’ document, and will be regularly updated with new contributions and practical advice from tax, finance, legal, insurance and other experts on how to best tackle the short and medium-term challenges in the UK art market during the COVID-19 crisis. Please share any initiatives by emailing us on info@arttactic.com.
Questions covered:
– Tenancy, rent and business rates [Legal]
– Force Majeure [Legal]
– Frustration [Legal]
– Price renegotiation [Legal]
– Shipping [Legal]
– Non-Payment [Legal]
– Museum loans [Legal]
– Staffing [HR]
– Strategy, cash flows and grants [Tax & Finance]
– Business Interruption [Insurance]
– Unoccupied Premises and Working From Home [Insurance]
– Reducing Premiums [Insurance]
– Art Fair Cancellations [Insurance]
Contributors:
Pierre Valentin, Simon Yeung, Emelyne Peticca, Azmina Jasani, Till Vere-Hodge, Craig Davies, Clare Pardy, Adam Prideaux and Frances Haughian