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The Art World ‘Mystery Buyers’ Who Spend Big and Stay Secret (The Daily Beast)
The Daily Beast, May 14, 2022
The Art World ‘Mystery Buyers’ Who Spend Big and Stay Secret
In some instances, however, auction houses could be forced to divulge the identity of a buyer. ‘The auction house cannot keep that information secret forever,’ said Nicholas O’Donnell, an attorney with Sullivan & Worcester and a member of the Art Law Committee of the New York City Bar Association. ‘It’s not privileged. What does happen with some frequency is that something about the sale or the follow-up to the sale goes awry, and there is a dispute and someone goes to court. Once you’re in litigation, people can issue subpoenas.’
