THE FUTURE OF DUE DILIGENCE
LONDON, 16 NOVEMBER 2016: Art Recovery International today announces the expansion of its pioneering and award-winning ArtClaim database project with the formation of ARTIVE, a new independent non-profit organization with a stated mission to protect and preserve the world's cultural heritage through the use of technology. The not-for-profit will be headquartered in the United States but will operate with an international mission.
Lawyer Christopher A. Marinello, will continue to head Art Recovery International, one of the world’s leading private art recovery organizations specializing in Nazi-era restitution, provenance research and the mediation of complex art related title disputes, and will serve on Artive's advisory board.
Artive is seeking to unify the vast amount of information about at-risk, stolen, looted and destroyed works of art and cultural property held by a diverse and dispersed range of institutions and organizations. By providing a central, not-for-profit data resource, Artive will create a new permanent platform preserving cultural heritage for present and future generations.
The Artive database system and records will also have a pertinent application to due diligence practices in the commercial art market. Artive will be the first not-for-profit, impartial service for identifying claims or taints attached to works of art.
Christopher A. Marinello says:
"This partition fulfills our promise to the art market to create an ethical source for due diligence totally devoid of conflicts of interest. Those who discover a match or title dispute when using the Artive Database can engage their own lawyer, expert, or law enforcement official to aid in the recovery or restitution of an object."
"With over $500M worth of artwork recovered over the years, I am confident that victims, dealers, insurers, and collectors will continue to reach out to Art Recovery International to help resolve disputes over title to fine art.”
- - -
For more information or additional comment, please contact:
Christopher A. Marinello
CEO, Art Recovery International
+44 (0) 203 763 3540
+44 (0) 7702 206 913
+1 917 450 5799
Notes to editors:
ART RECOVERY INTERNATIONAL provides research, dispute resolution and art recovery services, offering clients expert and ethical advice on the management, acquisition and return of cultural property.
More information regarding art recovery services can be found at artrecovery.com or follow our Twitter account for regular art crime and cultural heritage news and updates.
ARTIVE INC is a not-for-profit organization headquartered in the United States with a stated mission of protecting and preserving the world’s cultural heritage through the use of technology. More information about its mission, and database registration and search services can be found at artive.org.