Justia Massachusetts Supreme Court Opinion Summaries

Articles Posted in Entertainment & Sports Law
Kenneth Wynne and Allison Wynne owned and operated Wynne Fine Art, which accepted art works from creditor artists. After the Wynnes filed for bankruptcy, the trustee of the bankruptcy estates moved to sell the art works. The creditor artists commenced an adversary proceeding against the bankruptcy estate seeking a declaration that the art works were held in trust under the Massachusetts fine art consignment statute, Mass. Gen. Laws, ch. 104A, 2(b), and therefore were not the property of the bankruptcy estates. The trustee counterclaimed seeking a declaration that chapter 104A was inapplicable because when the creditor artists delivered their work to the gallery they did not provide a written statement describing the art work as required by chapter 104A, section 2(b). The United States Bankruptcy Court for the District of Massachusetts certified a question of law to the Supreme Judicial Court concerning the effect of a consignor’s failure to deliver a written statement pursuant to chapter 104A, section 2(b). The Supreme Judicial Court answered that a written statement of delivery is not a prerequisite for the formation of a consignment under chapter 104A. View "Plumb v. Casey" on Justia Law