In this podcast, we discuss how art collectors can use their art as collateral for loans to access capital for other investments. Our host and art lawyer Diana Wierbicki talks to Xanthe Lok and Pat Lee about the available options and approaches to lending against art, global considerations specific to the US and UK, and complexities in art lending such as provenance, valuation, and possession. As collectors change how they are viewing their art, Pat and Xanthe explains this trend of using art as an asset to buy more art, to scale up philanthropy or for other ventures.
Art: A unique collateral choice
24 October 2019 | Applicable law: England and Wales, US | 12 minute listen