.New York's Jack Shainman Gallery has filed a claim against collector James R. Hedges IV, alleging that he is obligated to repay virtually $300,000 for the sales of 19 artworks that the picture had consigned to him.
The case, which was actually filed in the Supreme Court of the State of New York on Friday, claims that Hedges as well as his picture, the Santa Monica-- based Hedges Projects, were committed these works using billings gone out with between June 2022 and also Might 2024. Hedges as well as his gallery are accused of owing $298,772.72.
Hedges has actually called himself "the go-to fella for Warhol digital photography," asserting in his biography that he has the largest private collection of photos due to the Pop artist. He has actually curated programs of Warhol's pictures, including one in 2020 at Port Shainman Gallery contained just before the onset of the pandemic in New York. He likewise staged a selling series of Warhol's fine art along with Gagosian gallery in 2022.
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The boy of an enthusiast of self-taught musicians, Hedges focused permanent on art starting in 2013, the year that he departed the planet of assets financial, depending on to the Fine art Paper. Along with accumulating craft, he has actually served as a trustee to the Dia Fine Art Base and has actually been actually a client of the Gallery of Modern Craft in New York, the Aspen Craft Museum in Colorado, and also the Tate museum network in the UK. He is currently curator for the crafts at the the Lodging Bel-Air as well as the Beverly Hills Accommodation and also Bungalows in Los Angeles.
Jack Shainman Gallery was established in 1984 and currently represents musicians like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Rose B. Simpson. In January, the gallery opened a new 20,000-square-foot area in Tribeca.
Friday's suit carried out not detail the arts pieces Port Shainman Gallery had actually committed to Hedges and also his gallery, taking note only that the 2 were supposed to sell these jobs to collection agencies. Depending on to the fit, Hedges and his gallery "maintained and also made use of those funds for their own objectives as well as advantage.".
" Hedges Projects is actually made blue to learn more about the suit filed through Jack Shainman Picture," the picture pointed out in a declaration. "Hedges Projects as well as Port Shainman Gallery have possessed a productive service relationship because 2018. It is regrettable that Jack Shainman Gallery determined to sue while the celebrations remain in the middle of service settlements. Our team firmly disagree along with the insurance claim, as well as program to assert counterclaims of our own, if important.".
A representative for Port Shainman Gallery declined to comment.