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Defaults on art-backed loans soar in struggling market

Decline triggers return of ‘loan-to-own’ lenders aiming to take control of pieces cheaply through defaultsLife & Arts

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https://www.ft.com/content/45b266f5-a16e-4656-a7cd-b7a1c08f1fea?segmentId=776b81d7-dd92-c731-e669-99cdd37d3a96#myft:my-news:rss
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