.New york city's Jack Shainman Picture has actually filed suit enthusiast James R. Hedges IV, declaring that he is obligated to pay almost $300,000 for the sales of 19 artworks that the picture had actually consigned to him.
The claim, which was actually submitted in the High court of the Condition of New York City on Friday, declares that Hedges and his picture, the Santa clam Monica-- based Hedges Projects, were actually consigned these works using invoices dated between June 2022 and also May 2024. Hedges and his gallery are actually charged of owing $298,772.72.
Hedges has actually called himself "the best man for Warhol digital photography," stating in his profile that he has the biggest exclusive collection of pictures by the Stand out musician. He has actually curated series of Warhol's pictures, featuring one in 2020 at Jack Shainman Picture held just before the start of the pandemic in New York. He additionally staged a marketing show of Warhol's craft along with Gagosian gallery in 2022.
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The son of an enthusiast of self-taught artists, Hedges concentrated permanent on fine art starting in 2013, the year that he departed the planet of investment banking, depending on to the Fine art Paper. In addition to gathering craft, he has worked as a trustee to the Dia Art Foundation as well as has actually been actually a client of the Museum of Modern Craft in The Big Apple, the Aspen Craft Gallery in Colorado, as well as the Tate museum network in the UK. He is currently curator for the arts at the the Hotels and resort Bel-Air and the Beverly Hillsides Lodging and also Bungalows in Los Angeles.
Jack Shainman Gallery was actually founded in 1984 as well as currently works with musicians 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 space in Tribeca.
Friday's suit carried out not detail the arts pieces Port Shainman Gallery had actually committed to Hedges and his picture, keeping in mind only that both were actually expected to offer these works to collectors. Depending on to the match, Hedges as well as his gallery "maintained and used those funds for their own reasons and also perk.".
" Hedges Projects is distressed to find out about the case submitted through Port Shainman Gallery," the gallery pointed out in a claim. "Hedges Projects and Jack Shainman Picture have possessed an effective organization connection given that 2018. It is unfortunate that Jack Shainman Picture chose to file a claim while the parties are in the middle of service arrangements. We definitely differ along with the claim, and also planning to claim counterclaims of our very own, if needed.".
A rep for Port Shainman Picture dropped to comment.