.New York's Port Shainman Gallery has filed a claim against enthusiast James R. Hedges IV, affirming that he owes almost $300,000 for the sales of 19 art work that the gallery had actually consigned to him.
The legal action, which was actually filed in the Supreme Court of the Condition of The Big Apple on Friday, professes that Hedges and his gallery, the Santa Monica-- based Hedges Projects, were actually committed these jobs by means of statements courted in between June 2022 as well as May 2024. Hedges and also his picture are indicted of owing $298,772.72.
Hedges has called himself "the best person for Warhol photography," declaring in his biography that he has the greatest private assortment of pictures by the Pop performer. He has actually curated series of Warhol's photographs, consisting of one in 2020 at Port Shainman Gallery carried prior to the beginning of the pandemic in New york city. He likewise staged a selling show of Warhol's craft along with Gagosian gallery in 2022.
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The child of a collection agency of self-taught musicians, Hedges concentrated permanent on craft beginning in 2013, the year that he departed the planet of investment financial, according to the Fine art Newspaper. Aside from gathering craft, he has worked as a fiduciary to the Dia Fine Art Foundation and also has been actually a client of the Gallery of Modern Craft in New York, the Aspen Art Museum in Colorado, and the Tate museum network in the UK. He is actually presently conservator for the arts at the the Hotel Bel-Air as well as the Beverly Hillsides Hotel as well as Bungalows in Los Angeles.
Port Shainman Showroom was actually started in 1984 and also currently works with performers like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, as well as Rose B. Simpson. In January, the picture opened up a brand-new 20,000-square-foot area in Tribeca.
Friday's suit carried out certainly not particular the arts pieces Jack Shainman Picture had committed to Hedges as well as his gallery, noting only that both were actually intended to offer these works to enthusiasts. Depending on to the fit, Hedges and also his picture "always kept and also used those funds for their own functions as well as advantage.".
" Hedges Projects is actually distressed to find out about the lawsuit submitted through Jack Shainman Picture," the gallery mentioned in a claim. "Hedges Projects and also Port Shainman Picture possess possessed a successful business connection because 2018. It is actually unfortunate that Jack Shainman Gallery determined to file a claim while the gatherings reside in the middle of business agreements. We highly differ along with the case, as well as program to claim counterclaims of our very own, if necessary.".
An agent for Port Shainman Picture dropped to comment.