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| | Art auction report: soaring profits at Sotheby's, Christies in trouble again (Tuesday 10 August 2004) (Site not responding. Last check: 2007-11-07) |
 | | Ruprecht, among others, will be hoping that this financial coup will serve to draw attention away from the scandalous accusations of art-market manipulation that were levelled at Sotheby's and Christies in the 1990s, causing their profits to plummet. |
 | | Meanwhile, Christies is, again, in hot water, having lost a lawsuit to an independent buyer, Taylor Thomson. |
 | | The judge acknowledged that Christies was not "obliged to give the full and detailed advice that might have been expected of an independent art expert" but that the "circumstances required that Ms Thomson be told the risk she ran in paying a large sum for the urns." Thomson was awarded damages, interest and costs. |
| www.recirca.com /artnews/329.shtml (573 words) |
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