High Value and Luxury Assets
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Raising the Roof – Forfeiture of a Commercial Lease | Litigation Imagine you are a tenant of a commercial property. Business may be slow and you have fallen behind on your rent, but you know things will eventually pick up and you will settle your arrears. You leave the premises unattended for a period of time to try and find a way to remedy the situation, only to return and find your landlord has changed the locks and effectively evicted you from your livelihood. Surely they cannot take such drastic action against rent arrears, can they?Read more
Provenance, rarity and originality, these are the holy trinity for anyone purchasing a classic car. Good judgement and research also pays off. This is a market that is booming after leaping 17% in 2015, more than any other luxury asset such as watches, art and stamps. Earlier this year, a Ferrari 250 GTO was on sale in the UK for the asking price of a whopping £52 million. The current picture of the classic car market There was a sense at the beginning of 2016 that the classic car market was slowing down due to a drop in sales and cars selling for less than expected sums in auction halls […]Read more
The Art Paris Art Fair, which kicks off at the end of March, is one of the leading spring events in the art world. With around 145 exhibitions from over 20 countries, representing 2,200 artists and held in the Grand Palais, the event attracts an array of fans, including wealthy individuals with a refined knowledge of art from all over the world. Art fairs are one way to pick up a desirable piece of work directly from the artist. The other primary driver of art sales is galleries. High-end artwork, the kind that passes from one private collector to another, is mostly sold at auctions. With that said, as the […]Read more