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Full-Text Articles in Entertainment, Arts, and Sports Law
Artworks As Business Entities: Sculpting Property Rights By Private Agreement, Christopher G. Bradley
Artworks As Business Entities: Sculpting Property Rights By Private Agreement, Christopher G. Bradley
Law Faculty Scholarly Articles
Modern business entities, such as LLCs, are increasingly created and deployed to accomplish customized transactions and evade legal restrictions. Rather than acting as traditional business enterprises, entities serve as tools to facilitate complex commercial transactions and surmount limitations presented by existing bodies of law. One limitation constrains the ways that private parties can agree to divide property rights—a doctrinal limitation sometimes referred to as numerus clausus. This Article shows that such limitations on the customizing of property rights by private agreement now can be surmounted by virtue of modern business entity law. After describing the key features of modern …
Art In The Age Of Contractual Negotiation, Christopher G. Bradley, Brian L. Frye
Art In The Age Of Contractual Negotiation, Christopher G. Bradley, Brian L. Frye
Law Faculty Scholarly Articles
This paper explores the function and purpose of the Artist’s Contrast as a legal document—but not from the perspective of legal enforceability, which is how legal effectiveness is traditionally measured. Rather this paper tells the story of a document that relies upon hallmarks of law (legal language, formality, specificity, and so on) in order to express and attempt to consolidate particular views on artists, artworks, the collectors to whom they sell, and the markets in which they sell. This powerful connection inevitably continues past the moment of sale, and the Artist’s Contract can be read as an attempt to rearrange …