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SHIFTING LEGAL ROLES IN DEALINGS WITH ARTWORK AS COLLATERAL: AN AUSTRALIAN PERSPECTIVE.

Authors :
McCracken, Sheelagh
Tolhurst, Greg
Source :
Art, Antiquity & Law; Oct2017, Vol. 22 Issue 3, p221-228, 8p
Publication Year :
2017

Abstract

The article explores how the Canadian Personal Property Securities Act (PPSA) reshapes the manner in which individuals and organizations in Australia conceive of their legal relationship with artwork. Topics discussed include common law regime of secured transactions; artwork free of an existing security interest conferred on a third party; and exception of circumstances in which an art organization expressly grants a security interest over property to a bank for a loan.

Details

Language :
English
ISSN :
13622331
Volume :
22
Issue :
3
Database :
Supplemental Index
Journal :
Art, Antiquity & Law
Publication Type :
Academic Journal
Accession number :
127706486