Artwork Due Diligence Government 
Traverse Legal Blog
APRIL 17, 2021
Rarible – focus on art-based digital assets – full decentralization goal -a community-governed marketplace – experienced users – higher fees for sellers. You’ll also get digital collectible album artwork. On the Kings of Leon NFT sale site, you can identify the owner and other due diligence information.
Kluwer Copyright Blog
JUNE 19, 2023
The ‘ Dune’ scenario is a well-known ‘tale of crypto folly’ featuring NFT purchasers who failed to exercise appropriate due diligence in determining what rights are granted when procuring an NFT. Copyright that is transferred upon selling an NFT may explicitly be outlined in the self-executing smart contract governing the sale.
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Copyright Lately
MAY 6, 2022
.” Ok, ok, it’s actually not that simple, which means now I get to wake you up from your NyQuil-fueled fever dream and be the killjoy who reminds you that the metaverse isn’t some kind of self-governing Florida special district in which real world laws don’t apply. Definitely. The warning signs were all there.
LexBlog IP
MARCH 4, 2022
This can include inventions, designs, artwork, and even brand names and slogans. Trade Secrets: A trade secret is an intellectual property that isn’t registered with the government. Investors and Due Diligence. What are intellectual property and intellectual property rights?
LexBlog IP
APRIL 25, 2022
” [5] The Report only discussed money laundering, ignoring other known risk areas in the art market, such as the sale of forged or stolen artworks. [6]. ” [7] In 2020, Treasury defined high-value art as artwork having an estimated market value of over $100,000. [8] The Report specifically focused on “high-value art.”
Kluwer Copyright Blog
JULY 14, 2023
Context Copyright can be challenging for cultural institutions (or “GLAM“ for Galleries, Libraries, Archives and Museums) when pursuing digitization and dissemination activities, as copyright governs whether a given work can be used and if so, how (as shown in recent studies for museums , archives or libraries ). Proposal 4. Proposal 8.
LexBlog IP
NOVEMBER 6, 2023
The court found that although “[n]either institution maintains comprehensive records of its manuscript holdings,” the government had sufficiently proven ownership by “cobbling together bits and pieces of evidence.” This underscores the criticality of due diligence prior to acquiring artworks, especially older pieces.
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