.The big apple's Port Shainman Picture has actually sued collection agency James R. Hedges IV, affirming that he owes almost $300,000 for the sales of 19 art work that the picture had actually committed to him.
The legal action, which was actually filed in the Supreme Court of the Condition of The Big Apple on Friday, claims that Hedges and also his picture, the Santa clam Monica-- based Hedges Projects, were actually committed these works through statements dated between June 2022 and also May 2024. Hedges as well as his gallery are actually charged of being obligated to pay $298,772.72.
Hedges has actually called himself "the go-to individual for Warhol digital photography," asserting in his biography that he owns the largest private selection of photographs due to the Stand out artist. He has actually curated series of Warhol's pictures, featuring one in 2020 at Jack Shainman Gallery accommodated before the beginning of the pandemic in New york city. He additionally presented a selling show of Warhol's craft with Gagosian picture in 2022.
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The boy of a collector of self-taught performers, Hedges centered permanent on craft beginning in 2013, the year that he departed the globe of assets banking, according to the Craft Newspaper. Aside from gathering fine art, he has worked as a trustee to the Dia Fine Art Foundation as well as has been actually a customer of the Museum of Modern Fine Art in Nyc, the Aspen Craft Gallery in Colorado, as well as the Tate museum network in the UK. He is actually presently conservator for the fine arts at the the Accommodation Bel-Air as well as the Beverly Hills Resort as well as Bungalows in Los Angeles.
Port Shainman Gallery was actually established in 1984 as well as presently works with performers including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Flower B. Simpson. In January, the gallery opened a brand-new 20,000-square-foot space in Tribeca.
Friday's legal action carried out not particular the art work Port Shainman Picture had committed to Hedges as well as his gallery, taking note only that the 2 were meant to offer these jobs to enthusiasts. Depending on to the suit, Hedges and also his picture "always kept as well as made use of those funds for their personal functions and benefit.".
" Hedges Projects is actually distressed to learn more about the claim submitted through Jack Shainman Gallery," the picture claimed in a declaration. "Hedges Projects as well as Port Shainman Picture have possessed a successful service connection since 2018. It is unfortunate that Port Shainman Gallery made a decision to file a claim while the events are in the midst of company arrangements. We firmly disagree along with the insurance claim, as well as strategy to declare counterclaims of our own, if necessary.".
A representative for Jack Shainman Picture declined to comment.