Ron Perelman's $410m insurance trial is testing the limits of art valuation
The Art Newspaper
JULY 18, 2025
Part of the answer lies in the subjective nature of art valuation. Over long legal battles, markets shift, reputations evolve, and even opinions on how valuations are formed can change. Lengthy trials can also complicate valuations being discussed. “An And why does it take seven years—and millions in legal fees—to do so?
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