Rybolovlev with Bouvier was removed from the post of the Minister of justice of Monaco
ARTinvestment.RU   18 сентября 2017

The scandalous case of excessively profitable art-дилерстве took an unexpected turn. The disclosure of information about friendly relations with the Russian billionaire Rybolovlev led to the resignation of the Minister of justice of the Principality of Monaco

Oh, these new Russians are Europeans! If the Manager, then the courts cut so that not only chips fly, but also the heads of high officials. this is What just happened in the state-малютке Monaco.

when you-то miraculously haven't heard about the lawsuit "potash king" Dmitry Rybolovlev and "king Freeport" Yves Bouvier, the brief background is as follows. Bouvier as art-дилер more than ten years in a row picked up and sold to the neophyte art-рынка Rybolovlev masterpieces of world art. For their services Bouvier, according to Rybolovlev, had to labor a 2 % Commission and the rest to act in the interests of the client. And the work began: for several years the congregation Rybolovlev troubles Bouvier increased by 38 works of art. But around 2015, it became clear that often these masterpieces (no irony — all things Bouvier, was really good) art-дилер "vparivali" (alas, another word is inappropriate here) Rybolovlev not even at exorbitant prices, and "vestidores". That is sold effectively 2-4-6 times more expensive than market prices. That, of course, concealed from the client. But Rybolovlev, in virtue of what-то inexplicable gullibility of the price of purchased paintings and sculptures why-то not checked. The savings from such conduct amounted to about $ 200 per year — as is paid access to any database of auction results. But losses as a result of such a rash of art-инвестиций already exceeded $253 000 000. And there is speculation that they could reach a billion dollars. Upon learning of this treachery your dealer-консультанта, an angry customer started the prosecution of Yves Bouvier in all significant jurisdictions for — from Switzerland to Singapore. And two years really messed up the life of "king Freeport". Bouvier drag on interrogations, froze his account, continue to fray nerves and to destroy the reputation. Today it seems that this situation did not get out: get if not for the "divorce" of the client (it is still necessary to prove), for possible tax evasion with these super profitable deals.

However litigation of big men, teaches us that even the modern history of Russia, is fraught with troubles not only for the defendants and the plaintiffs. Two years ago, testimony had to give not only the breed, but Rybolovlev. And now a new attack. As RBC,-за charges in friendly relations with the Russian billionaire was forced to resign by the Minister of justice of Monaco. The reason — French press unearthed that Rybolovlev at the beginning of 2015 was met with Minister Philip Narmino with his wife in his Swiss Chalet. And this is the time when the story began with Bouvier, and what the plaintiff could discuss with the Minister of justice — can only guess. Was or was not — we have after this only the shoulders be shaken (even the scandal with the judge Kahalewai already uneasy). But for PrinceMonaco even a remote suspicion of possible bias of the Minister was enough to make him resign. In fact, the official was forced to resign (formally, he prematurely retired) only for friendly relations with the former Russian oligarch.

Meanwhile the final in the matter "Rybolovlev drowns Bouvier" is still very far away. And watching the development of the story from the side of art-публика were divided in their opinions.

the First reasonably remind you that a deal's a deal: no one kicking beat and the transactions were made by mutual consent. While Bouvier, using their connections do not reach them, communicating things, and masterpieces, to which the foreigner from art-среды it would be difficult to reach. But the fact that the dealer decided to make a little more specified, — so who in this world is without sin?

the Second camp of not less wisely says, "to earn a little more than" the agreed 2 % — is let 30 %, 50 %, even 100 %. But 400-500% above — is already robbery.

but observers from the third camp look at this with great skepticism: well, can't be all wild and just. As a visionary and careful man, able to make a fortune of 9.5 billion dollars, many years, allow themselves to be deceived? Why not have rechecked the information, did not ask a second opinion? In General, what-то awkward naivety — do not believe it. And then there is other question: and how were going to get out Bouvier then when the truth will inevitably be revealed? Or not going to? It is not clear. That is why we are born different versions about the third force and what-то much more sophisticated schemes. May they all on the level of fantasy, not confirmed by any facts, but much more fun. And more plausible.

However, regardless of future court verdicts, the war between the two "kings" are already presented some useful lessons-предостережений all members of the art-рынка. In-первых, intermediaries need to be aware that in today's information transparency self-assessment pattern — is a task that is feasible if desired any buyer. With the advent of the Internet, unlike earlier times, daring the margins in the "three ends" are calculated easily. In-вторых, the Rybolovlev case shows once again that this massive overpayment would hardly be possible if the buyer has made a acquisition in the public market, i.e. auctions. How would a neophyte he was. Yes, at the auction, if desired, can also be too long and inadvertently drive the price up at the ceiling. But it can happen once, even twice, but not 38 times in a row. The third lesson is that at a certain point the buyer will have to begin to understand the art itself. Not blindly delegate all decisions to advisers and dealers (the importance and benefits of which no one disputes). In particular, it is almost impossible to imagine that in history class Rybolovlev — when she got Petr Aven, with "Jack of diamonds" or Grigory Leps with icons. Being rich people, they rely on their own knowledge, nasmotrennost and understanding of the price situation. And here Alexander Savchuk and , Viktor Vekselberg nasovetovala him Kustodiev then had to painfully to solve a problem with the purchased paintings to the courts. And also understandable why. Finally, the fourth, the most important lesson — tomiscalculate and succeed with art, you love him. Masterpieces like feel when they are treated exclusively as a purely speculative asset. And having read about such mystical stories fit believe picture able to take revenge.

Vladimir Bogdanov, AI

Sources: rbc.ru, forbes.ru

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