Displaying items by tag: Lawsuit

US judge Paul Gardephe is considering nearly two dozen motions of enormous consequence for the first trial in the $60m Knoedler Gallery forgery scandal scheduled to begin on 25 January. The motions concern what evidence the jury will hear, and so will help influence their verdict on whether the defendants—the gallery, its former director Ann Freedman, and its owner 8-31 Holdings—should pay the collectors Domenico and Eleanore De Sole up to $25.3m for selling the couple a fake Mark Rothko painting in 2004.

With a trial looming, the Knoedler Gallery, its former director Ann Freedman, and Knoedler’s owner 8-31 Holdings have reached a settlement with the New York collector John Howard. Howard had bought a fake work by Willem de Kooning from the gallery for $4m. The lawsuit arose from Knoedler’s selling some $60m of fake Abstract Expressionist art in a scandal that sent shivers through the art world when it broke in late 2011.

The estate of a Paris art dealer filed a suit against the Nahmad family in New York State Supreme Court on Tuesday over the restitution of a $25 million Nazi looted portrait by Amedeo Modigliani purportedly in the possession of the Nahmads, the New York Times reports.

The same court dismissed a previous attempt by the original owner's grandson, 71-year-old Philippe Maestracci, to secure the return of Modigliani's Seated Man With a Cane (1918) in 2012, after a judge ruled the France-based claimant lacked standing to pursue the case in the US.

A $60 million collection of Andy Warhol silkscreens was damaged during last year's highly acclaimed exhibit of the artist's works in Italy, court papers say — and now their megarich owner wants Lloyd’s of London to pay $9 million to compensate for their loss in value.

The Brant Foundation — run by Peter Brant, husband of supermodel Stephanie Seymour — sued the insurance giant in Manhattan Supreme Court Friday, saying Lloyd's had taken premiums to insure the entire Warhol collection — including 12 Electric Chairs — but wasn't abiding by the terms of the policy, which requires it to pay for repairs to damaged artwork and for "any depreciation suffered" as a result.

While Angelenos love the new Broad Museum so much that tickets are already sold out through the end of the year, not everyone is happy about L.A.’s newest contemporary art institution.

A subcontractor, Seele Inc., who was responsible for the complicated construction behind its distinctive white mesh facade, is seeking $6.9 million in expenses from the Broad Collection, reports Curbed LA.

A Manhattan judge has ruled in favor of Mount Sinai Beth Israel, allowing the hospital to keep $4 million in donations, including an Édouard Manet painting, given by the late heiress Huguette Clark. Her relatives had sued, claiming Clark was manipulated into giving away her fortune.

Clark spent the last two decades of her life at Beth Israel. After an operation in 1992, she opted to remain under the institution's care, rather than returning home. She died in 2011, at 104 years old.

Yesterday we noticed that a copy of Anish Kapoor’s “Cloud Gate” in Chicago is in the works in Karamay, China, promoted as a giant, stainless steel drop of oil. The artist is still unknown, but it’s definitely not Kapoor, who was “shocked at the blatant plagiarism” of his work when news of the Cloud Gate-gate reached him in London.

“It seems that in China today it is permissible to steal the creativity of others,” Kapoor said in a statement sent to Hyperallergic. “I feel I must take this to the highest level and pursue those responsible in the courts. I hope that the Mayor of Chicago will join me in this action. The Chinese authorities must act to stop this kind of infringement and allow the full enforcement of copyright.”

The Honolulu Museum of Art and the Honolulu Academy of Arts (HAA) are suing art collector Joel Alexander Greene for $880,000 for previous donations.

The museum fears that Greene's works may have come from a smuggling ring—an entanglement which the institution especially wants to avoid after seven of its artifacts were seized by Homeland Security Investigations in connection to the ongoing case against disgraced Indian art dealer Subhash Kapoor.

A Rotterdam court has ruled in favor of Dutch collector Bert Kreuk in the lawsuit launched against Danh Vō last September.

The polarizing collector sued the Danish-Vietnamese artist and Hugo Boss Prize winner for €898,000 (approximately $1.2 million), claiming Vō had failed to deliver an artwork for "Transforming the Known," an exhibition of Kreuk's collection at the Hague's Gemeentemuseum (Municipal Museum)—an assertion that Vō's representatives deny...

Greece has ruled out taking legal action against the UK to reclaim the Elgin Marbles from the British Museum.

In an unexpected move, Greece's culture minister said the country would pursue a "diplomatic and political" approach to retrieving the sculptures instead.

In doing so, the country has rejected the advice of barrister Amal Clooney, who had urged Greece to take Britain to the International Court of Justice.