The Yale Law Journal

Art Law


State of the Art: How Cultural Property Became a National-Security Priority

Nikita Lalwani

Until recently, the United States did little to help repatriate looted antiquities, thanks to a powerful coalition of art collectors, museums, and numismatists who preferred an unregulated art market. This Essay explores how the United States came to treat the protection of cultural property as an i…


Unlocking the Potential of Art Investment Vehicles

Alice Xiang

Fine art is increasingly not only purchased for aesthetic pleasure, but also as a financial asset, expanding the art investment market. However, the structure of art investment means that access to the market is restricted. This Comment offers solutions to democratize and leverage the potential of t…


The Unconvincing Case for Resale Royalties

Guy A. Rub

Introduction Here we go again. In late February 2014 a group of congresspersons introduced a bill—The American Royalties Too Act of 2014 (known for its catchy abbreviation: the ART Act),1 which, if passed, will grant visual artists2 a right to collect royalties when their artworks are r…