ARTICLE
23 April 2020

Potential Insurance Claims For Art Businesses

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Pryor Cashman LLP

Contributor

A premier, midsized law firm headquartered in New York City, Pryor Cashman boasts nearly 180 attorneys and offices in both Los Angeles and Miami. From every office, we are known for getting the job done right, and doing it with integrity, efficiency and élan.
As the COVID-19 crisis continues to unfold, numerous art industry businesses are suffering substantial lost revenue. The question of whether you are insured against significant business...
United States Media, Telecoms, IT, Entertainment

As the COVID-19 crisis continues to unfold, numerous art industry businesses are suffering substantial lost revenue. The question of whether you are insured against significant business interruptions is a complicated but critical question.

On March 26, Pryor Cashman held a virtual discussion of this emergent insurance issue, hosted by Art Law practice group leaders Bill Charron and Megan Noh and the head of Pryor Cashman’s Insurance Recovery + Counseling group, Chris Loeber. 

THIS WEBCAST APPLIES TO:

• Museums;

• Galleries;

• Advisors and appraisers;

• Conservators and authenticators; 

• Art shippers; and

• Other art businesses, particularly those with physical places of congregation. 

WHAT WE COVERED: 

• Basic relevant policy clauses; 

• Relevant legislative developments;

• Facts and circumstances creating bases to assert a business interruption claim with an insurance carrier; and

• Strategic considerations in asserting such a claim.

Please  click here to view a recording of the webcast. This virtual presentation lasts for roughly an hour, and includes a Q&A with our attorneys. 

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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