Posts Tagged ‘Bankruptcy’

Arts Group to City Council: Fix Loophole that Puts Artists’ Work at Risk

If a gallery goes bankrupt—as businesses are wont to do in these recessionary times—creditors can seize it and all of its assets within under current D.C. law. That includes the work the artists have entrusted the gallery to sell. And while that scenario hasn't yet occurred in the District, one group is working to ensure [...]