.Nyc's Jack Shainman Picture has actually filed suit collection agency James R. Hedges IV, affirming that he is obligated to pay almost $300,000 for the sales of 19 arts pieces that the picture had actually committed to him.
The claim, which was actually submitted in the Supreme Court of the State of New York on Friday, asserts that Hedges and also his gallery, the Santa Monica-- based Hedges Projects, were actually consigned these works by means of statements gone out with in between June 2022 and Might 2024. Hedges as well as his picture are accused of being obligated to pay $298,772.72.
Hedges has called himself "the go-to man for Warhol digital photography," declaring in his biography that he owns the greatest personal assortment of photographs due to the Pop performer. He has actually curated programs of Warhol's photos, including one in 2020 at Jack Shainman Picture carried before the start of the pandemic in New york city. He likewise presented a marketing series of Warhol's art with Gagosian gallery in 2022.
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The child of an enthusiast of self-taught artists, Hedges focused full-time on fine art beginning in 2013, the year that he departed the globe of financial investment financial, according to the Fine art Paper. In addition to accumulating fine art, he has worked as a trustee to the Dia Craft Base as well as has actually been actually a patron of the Museum of Modern Fine Art in New York, the Aspen Art Gallery in Colorado, and the Tate museum network in the UK. He is actually presently manager for the arts at the the Hotels and resort Bel-Air as well as the Beverly Hills Resort and also Bungalows in Los Angeles.
Port Shainman Gallery was actually started in 1984 as well as currently represents artists including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Flower B. Simpson. In January, the picture opened up a brand new 20,000-square-foot space in Tribeca.
Friday's suit did not detail the arts pieces Jack Shainman Gallery had committed to Hedges as well as his picture, noting merely that the two were supposed to market these works to enthusiasts. Depending on to the fit, Hedges and also his picture "kept and also made use of those funds for their personal objectives and also advantage.".
" Hedges Projects is made blue to discover the case submitted through Port Shainman Gallery," the gallery stated in a claim. "Hedges Projects and also Port Shainman Picture have possessed a prosperous service connection due to the fact that 2018. It is actually regrettable that Port Shainman Picture chose to file a claim while the gatherings remain in the middle of service negotiations. Our experts strongly disagree with the case, and program to insist counterclaims of our own, if essential.".
An agent for Port Shainman Picture decreased to comment.