header-logo header-logo

Sale of Old Master not negligent

28 June 2023
Issue: 8031 / Categories: Legal News , Commercial , Professional negligence
printer mail-detail
The Countess of Wemyss, Amanda Fielding has lost her appeal against an art dealer over a painting sold for £1.15m that later re-sold for £8m more

In Countess of Wemyss and March & Anor v Simon C Dickinson [2023] EWCA Civ 724, trustees of the Wemyss Heirlooms Trust had claimed breach of duty against the dealer, Simon C Dickinson, over the sale of Le Bénédicité, purportedly by 18th century artist Jean-Baptiste-Simeon Chardin. The painting, bought by the family in 1751, was sold as ‘Chardin and studio’ in 2014 after a light clean. The dealer thought it was not solely the work of the artist.

Six months later, however, the painting was re-sold for £9.3m after a deep clean revealed a Chardin signature, and a Chardin expert declared it solely the work of the artist.

The trustees’ claim was dismissed at the High Court after a seven-day trial, and on appeal to the Court of Appeal.

Delivering the judgment, Lady Justice Falk said: ‘There was no dispute that the sale that took place was in fact authorised.

‘…The pleaded particulars of negligence included, as one aspect, a failure to warn the trustees, but there was no suggestion that there was a contractual term that required the defendant to revert to the trustees prior to sale.’

Moreover, in relation to whether the leading expert on Chardin should have been consulted, Falk LJ said the judge found ‘the decision not to do so was not negligent, because doing so would be a “spin of the roulette wheel” that could destroy, rather than enhance, the value of the painting’.

Therefore, ‘in a counterfactual world where the defendant did consult the trustees prior to sale the advice would not have been negligent and the trustees would have followed that advice. It follows that the painting would still have been sold on the terms that it was.’

 

 

MOVERS & SHAKERS

NLJ Career Profile: Kate Gaskell, Flex Legal

NLJ Career Profile: Kate Gaskell, Flex Legal

Kate Gaskell, CEO of Flex Legal, reflects on chasing her childhood dreams underscores the importance of welcoming those from all backgrounds into the profession

Dorsey & Whitney—Jonathan Christy

Dorsey & Whitney—Jonathan Christy

Dispute resolution team welcomes associate in London

Winckworth Sherwood—Kevin McManamon

Winckworth Sherwood—Kevin McManamon

Special education needs and mental capacity expert joins as partner

NEWS
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
In NLJ this week, Ian Smith, emeritus professor at UEA, explores major developments in employment law from the Supreme Court and appellate courts
Writing in NLJ this week, Kamran Rehman and Harriet Campbell of Penningtons Manches Cooper examine Operafund Eco-Invest SICAV plc v Spain, where the Commercial Court held that ICSID and Energy Charter Treaty awards cannot be assigned
back-to-top-scroll