We have found that the luxury market is constantly growing and evolving, as tastes change. We advise on wine and classic cars as well as helping clients to purchase and sell yachts, musical instruments, jewellery, handbags and watches, and we count ourselves fortunate to be working with these beautiful objects on a daily basis.
Since the 1990s, fine wine has established itself as an attractive, long-term proposition for an investor, often through specialist wine funds. Many find wine easier to understand than art or other non-traditional forms of investment, and it also carries with it some useful tax advantages. We have a long history of advising leading wine brands, which means that our team is acutely aware of the nuances of the fine wine market, the taxation of wine and the aspects that buyers need to consider to safeguard their assets.
The team’s classic car expertise has grown from work done for our clients, a number of whom are classic car connoisseurs who love to race and build their collections. We have advised on numerous private treaty transactions, including the purchase of (at the time) the most expensive car in the world for $35m. This figure has since been surpassed, but we continue to advise collectors, auction houses and dealers on a range of commercial issues affecting classic cars. If those issues turn into disputes, we are well placed to understand the peculiarities of the car trade and the difficulties that can arise, particularly when it comes to title, sub-standard restorations and breaches of contract.
“They're great, they have a good handle on the art law world”
Chambers HNW 2021
“Extremely knowledgeable about the nuances of the visual art world”
Legal 500 2020