.New york city's Port Shainman Picture has filed suit enthusiast James R. Hedges IV, declaring that he owes almost $300,000 for the sales of 19 art work that the picture had consigned to him.
The claim, which was actually filed in the Supreme Court of the State of New York City on Friday, states that Hedges and his picture, the Santa Monica-- based Hedges Projects, were consigned these jobs by means of invoices gone out with in between June 2022 and also May 2024. Hedges and also his picture are actually indicted of owing $298,772.72.
Hedges has called themself "the best man for Warhol digital photography," asserting in his biography that he has the most significant personal compilation of photographs by the Pop artist. He has curated series of Warhol's photos, including one in 2020 at Port Shainman Picture held before the beginning of the pandemic in New York. He likewise presented a selling program of Warhol's fine art with Gagosian picture in 2022.
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The boy of a collection agency of self-taught artists, Hedges concentrated permanent on fine art beginning in 2013, the year that he departed the planet of investment financial, depending on to the Art Paper. Along with collecting fine art, he has actually served as a fiduciary to the Dia Art Groundwork and also has actually been actually a patron of the Museum of Modern Fine Art in Nyc, the Aspen Fine Art Gallery in Colorado, as well as the Tate gallery network in the UK. He is presently conservator for the arts at the the Lodging Bel-Air as well as the Beverly Hillsides Hotels And Resort and Bungalows in Los Angeles.
Jack Shainman Gallery was founded in 1984 and also presently represents musicians such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Rose B. Simpson. In January, the gallery opened up a new 20,000-square-foot room in Tribeca.
Friday's claim performed certainly not particular the art work Port Shainman Picture had committed to Hedges as well as his gallery, keeping in mind only that the two were actually expected to market these works to collection agencies. Depending on to the match, Hedges and his picture "maintained as well as utilized those funds for their personal functions and also advantage.".
" Hedges Projects is actually made blue to learn about the legal action filed through Jack Shainman Picture," the gallery said in a claim. "Hedges Projects and also Port Shainman Gallery have possessed a productive organization relationship considering that 2018. It is actually unlucky that Jack Shainman Gallery decided to sue while the celebrations reside in the midst of service agreements. Our team strongly differ along with the claim, and plan to declare counterclaims of our personal, if essential.".
A representative for Port Shainman Gallery decreased to comment.