Tracing Money through Art Transactions

‘Tracing’ is the means by which a person who has been wrongly deprived of a thing attempts to identify and follow that thing, or its substitute in value, into the hands of other persons to whom the thing or the value of the thing has passed. Once the value of the thing has been identified in the hands of the potential defendant, depending on the facts, the plaintiff is then in a position to bring a common law action for wrongful interference with his assets and/or make a claim in restitution in respect of those assets.