The artist Malin Bernalt’s jewelry has been for sale in Naom’s shop, but despite several reminders during the summer, she has not been paid. Now she is worried that she will neither get the jewelery back – nor payment.
– It puts me in a vulnerable situation as an artist. I’ve gotten rid of a large part of my collection, something I’ve been working on for three years, says Malin Bernalt and continues:
– I hope to get them back, but now they belong to the bankruptcy estate. They are simply seen as purchased by the company, even though I haven’t been paid.
Olov Kling, who is the bankruptcy administrator, confirms that the jewelry now belongs to the bankruptcy estate, but that the outstanding invoice can be directed there.
– Regarding the works that have been handed over to the museum, but the payment has not been made, the preliminary assessment is that the property is included in the bankruptcy.
Non-payments
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Kulturnyheterna has also been in contact with several artists who have had exhibitions at Naom during the summer, but who have not been paid in full according to the contracts. But they do not, unlike Malin Bernalt whose jewelry was sold in the store, have to worry about their works according to the bankruptcy trustee.
– The works that are part of the exhibitions are lent by the artists. There, the preliminary assessment is that the artworks are not included in the bankruptcy and that the artists have separation rights to them, says Olov Kling.
Opened last summer
When Naom opened last summer, the ambition was to renew what a museum could be. On 3,200 square meters in central Stockholm, exhibitions, cocktail bar, restaurant, live stages and a perfumery were mixed. The tank was an “epicenter of creativity”.
Behind the venture are Angelica Broman and her father Janne Broman, who previously founded Fotografiska, backed by private investors. But already after a few months, the company has gone bankrupt.
“Unfortunately, it has been difficult to get a capital injection right now, which, in combination with low visitor numbers this summer, therefore made bankruptcy inevitable,” writes CEO Angelica Broman in a comment to Kulturnyheterna.
“We are very sorry about this situation as many are affected, especially our employees, suppliers and partners. “
– What are the implications of Naom’s bankruptcy for artists like Malin Bernalt and their works?
The Naom Debacle: Artist Malin Bernalt Fears Losing Jewelry Collection Amidst Non-Payment and Bankruptcy
In a shocking turn of events, artist Malin Bernalt has been left in a vulnerable position after her jewelry collection was sold in Naom’s shop without payment. Despite repeated reminders during the summer, Malin has yet to receive compensation for her work, leaving her worried that she may never see her jewelry again.
A Collection Years in the Making
Malin’s jewelry collection, which took three years to curate, is now part of the bankruptcy estate, according to Olov Kling, the bankruptcy administrator. This means that the collection, which was sold in Naom’s shop, is technically owned by the company, even though Malin has not received payment.
“It puts me in a vulnerable situation as an artist. I’ve gotten rid of a large part of my collection, something I’ve been working on for three years,” Malin lamented. Her concern is not only about the financial loss but also the emotional attachment to her work.
Non-Payment Epidemic
Malin is not alone in her struggles. Kulturnyheterna has discovered that several artists who exhibited at Naom during the summer have not received full payment according to their contracts. While these artists are not concerned about their works being included in the bankruptcy estate, it highlights a disturbing trend of non-payment in the art industry.
Naom’s Ambitious Opening
Naom opened last summer with the ambitious goal of redefining what a museum could be. The 3,200-square-meter space in central Stockholm aimed to offer a unique blend of exhibitions, a cocktail bar, restaurant, live stages, and a shop. However, it seems that the company’s financial struggles have put artists like Malin in a precarious position.
Bankruptcy and Artwork Ownership
According to Olov Kling, the bankruptcy administrator, artworks that are part of exhibitions and have not been paid for can still be claimed by the artists. “The works that are part of the exhibitions are lent by the artists. There, the preliminary assessment is that the artworks are not included in the bankruptcy and that the artists have separation rights to them,” Kling stated.
However, in Malin’s case, the jewelry collection was sold in Naom’s shop, making it part of the bankruptcy estate. This raises questions about the responsibility of art spaces to protect the interests of artists and ensure timely payment for their work.
A Call to Action
The Naom debacle serves as a wake-up call for the art industry to prioritize fair compensation and transparent business practices. Artists, like Malin Bernalt, should not have to worry about losing their work or facing financial hardship due to non-payment. It is essential for art spaces to establish trust with their artist partners and ensure that they are fairly compensated for their creations.
the Naom debacle is a stark reminder of the importance of protecting artist rights and promoting a fair and transparent art market. As the art world continues to evolve, it is crucial that artists, galleries, and art spaces work together to ensure that creative voices are not silenced by financial struggles.
Keywords: Naom, Malin Bernalt, jewelry collection, non-payment, bankruptcy, art industry, artist rights, fair compensation, transparent business practices.