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Determining the Collateral Value of a Secured Claim

DailyDAC

Knowing the collateral value of a secured claim is important. The post Determining the Collateral Value of a Secured Claim appeared first on DailyDAC. It will impact how the secured creditor is treated under the plan.

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Jordaens painting to be sold after settlement with heirs of Jewish bank shareholders

The Art Newspaper

The work, to be auctioned at Sotheby’s today, was one of more than 2,500 held as collateral and sold, shortly before the Nazi invasion, by the Dutch bank Lisser & Rosenkranz

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Kuney’s Corner – Giving Secured Creditor Substitute Collateral in a Chapter 11 Cramdown

DailyDAC

Pacifying a Hostile Lender with a Motion to Substitute Collateral Can a Chapter 11 debtor confirm a plan that gives a hostile secured creditor a lien on an orange as a substitute, in essence, for the secured creditor’s lien on an apple that the debtor wants to keep and use?1

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A Group Show in Venice Spotlights Boundary-Breaking Afro-Descendant Artists

Artnet News

Hosted and supported by 193 Gallery, 'Passengers in Transit' is an official collateral event of the Venice Biennale. The post A Group Show in Venice Spotlights Boundary-Breaking Afro-Descendant Artists appeared first on Artnet News.

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The Importance of Contemporary Art Appraisals

Art Appraisal Resources

Loan Collateral Art collectors or investors who use their contemporary art as collateral for loans may require an appraisal to determine its value as security. Additionally, when art is donated to a museum or non-profit institution, an appraisal is essential for tax purposes and to comply with IRS regulations.

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Cooperative Galleries and the Future of Local Art

Michael Rose Fine Art

Each month a gallery needs to sell enough art to pay rent, utilities, insurance, marketing fees, and other incidentals like paint, labels, collateral materials, and reception expenses. The demands on small galleries, whether cooperative or owner-run, are huge.

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Lost Fine Art: The White Duck by Jean-Baptiste Oudry

ValuePros Appraisal Services

Instead, stolen paintings are often used as collateral for drug deals or used to raise fraudulent loans from banks. FINE ART APPRAISERS Our staff of experts certify the value of hundreds of pieces of fine art every month.