Christie’s wins battle for a new interpretation of the “Droit de Suite” regulation in France.
A recent decision of the French Supreme Court[1] is going to overturn the law in France that requires the Artist’s Resale Right (Droit de Suite) being paid by vendors.
The resale right forms an integral part of copyright and is an essential prerogative for authors.
It is an unassignable and inalienable right, enjoyed by the author of an original artistic work, or their heirs, to an economic interest in successive sales of the work concerned.
The resale right is intended to ensure that the artist receives part of the resale value of a work of art. Read more