Debt

Collector Ron Perelman sold $963m worth of art to pay off debt

Recently unsealed court filings show 71 works by artists like Basquiat, Twombly and Giacometti were unloaded over a two-year period

President Biden forgives $6bn in loans for students of defunct Art Institutes

The eight art and design colleges closed without warning last September

Rauschenbergs confiscated from exhibition

Police take works of art off the walls to recover $5.5 million debt