.Nyc's Jack Shainman Gallery has actually taken legal action against collection agency James R. Hedges IV, alleging that he is obligated to pay almost $300,000 for the sales of 19 artworks that the gallery had actually committed to him.
The suit, which was filed in the Supreme Court of the State of New York on Friday, claims that Hedges as well as his gallery, the Santa clam Monica-- based Hedges Projects, were actually consigned these works via billings dated between June 2022 and Might 2024. Hedges and his picture are actually charged of being obligated to pay $298,772.72.
Hedges has called himself "the go-to person for Warhol photography," stating in his profile that he possesses the greatest exclusive collection of photos due to the Stand out performer. He has actually curated series of Warhol's photographs, including one in 2020 at Jack Shainman Gallery contained before the beginning of the pandemic in New york city. He additionally staged a marketing program of Warhol's art with Gagosian gallery in 2022.
Associated Articles.
The boy of an enthusiast of self-taught musicians, Hedges concentrated full time on fine art beginning in 2013, the year that he left the globe of investment financial, depending on to the Art Newspaper. In addition to picking up art, he has functioned as a trustee to the Dia Fine Art Foundation as well as has actually been actually a patron of the Museum of Modern Art in New York, the Aspen Craft Gallery in Colorado, and also the Tate gallery network in the UK. He is actually currently curator for the arts at the the Resort Bel-Air as well as the Beverly Hills Hotel and Bungalows in Los Angeles.
Port Shainman Exhibit was founded in 1984 as well as currently stands for performers like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, as well as Rose B. Simpson. In January, the picture opened up a brand new 20,000-square-foot area in Tribeca.
Friday's claim did certainly not detail the artworks Jack Shainman Gallery had actually consigned to Hedges and also his picture, taking note simply that the 2 were actually expected to offer these works to enthusiasts. According to the match, Hedges as well as his picture "maintained and also made use of those funds for their personal reasons and benefit.".
" Hedges Projects is grieved to learn about the suit filed through Port Shainman Picture," the picture claimed in a declaration. "Hedges Projects and also Port Shainman Gallery possess possessed an effective organization relationship given that 2018. It is actually regrettable that Port Shainman Gallery made a decision to sue while the celebrations reside in the midst of company settlements. We strongly differ with the insurance claim, as well as plan to insist counterclaims of our personal, if needed.".
A representative for Jack Shainman Picture dropped to comment.