.The big apple's Jack Shainman Gallery has actually sued collection agency James R. Hedges IV, alleging that he is obligated to repay virtually $300,000 for the sales of 19 art work that the gallery had consigned to him.
The suit, which was actually submitted in the High court of the Condition of The Big Apple on Friday, states that Hedges and his picture, the Santa Monica-- based Hedges Projects, were actually consigned these jobs through statements dated in between June 2022 and Might 2024. Hedges and his picture are actually indicted of owing $298,772.72.
Hedges has called himself "the best individual for Warhol photography," declaring in his bio that he owns the greatest personal selection of photos due to the Stand out performer. He has actually curated programs of Warhol's photos, consisting of one in 2020 at Jack Shainman Gallery contained prior to the onset of the pandemic in Nyc. He also organized a marketing series of Warhol's art with Gagosian picture in 2022.
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The son of a collector of self-taught artists, Hedges centered full-time on craft beginning in 2013, the year that he departed the world of investment banking, according to the Art Paper. Besides accumulating fine art, he has actually functioned as a trustee to the Dia Fine Art Foundation and also has been actually a patron of the Gallery of Modern Art in New York, the Aspen Fine Art Gallery in Colorado, and also the Tate gallery system in the UK. He is presently manager for the arts at the the Hotel Bel-Air and the Beverly Hills Hotels And Resort and Bungalows in Los Angeles.
Port Shainman Showroom was started in 1984 as well as presently represents musicians such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Flower B. Simpson. In January, the picture opened up a brand new 20,000-square-foot area in Tribeca.
Friday's legal action carried out certainly not detail the arts pieces Port Shainman Picture had actually consigned to Hedges and also his gallery, noting simply that the 2 were meant to market these works to enthusiasts. Depending on to the match, Hedges as well as his gallery "maintained as well as made use of those funds for their personal objectives and also advantage.".
" Hedges Projects is grieved to find out about the legal action filed by Jack Shainman Gallery," the picture stated in a claim. "Hedges Projects and Port Shainman Picture have had a successful company connection since 2018. It is actually unlucky that Port Shainman Picture determined to file a claim while the celebrations are in the midst of organization discussions. Our company definitely disagree with the claim, as well as program to insist counterclaims of our personal, if required.".
An agent for Jack Shainman Gallery decreased to comment.