.Nyc's Jack Shainman Picture has actually sued enthusiast James R. Hedges IV, alleging that he owes almost $300,000 for the purchases of 19 arts pieces that the gallery had consigned to him.
The claim, which was filed in the Supreme Court of the Condition of New York on Friday, states that Hedges and his picture, the Santa Monica-- based Hedges Projects, were actually committed these jobs through statements gone out with 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 guy for Warhol photography," stating in his profile that he possesses the largest personal collection of photos due to the Pop musician. He has curated shows of Warhol's pictures, featuring one in 2020 at Jack Shainman Gallery carried prior to the onset of the pandemic in New York. He also presented a marketing program of Warhol's craft along with Gagosian gallery in 2022.
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The son of a collection agency of self-taught performers, Hedges concentrated full-time on art starting in 2013, the year that he left the planet of expenditure banking, according to the Fine art Paper. Along with collecting fine art, he has actually worked as a trustee to the Dia Craft Structure and also has been actually a client of the Gallery of Modern Craft in The Big Apple, the Aspen Craft Gallery in Colorado, and also the Tate gallery network in the UK. He is actually presently curator for the fine arts at the the Resort Bel-Air as well as the Beverly Hillsides Hotels And Resort as well as Bungalows in Los Angeles.
Jack Shainman Exhibit was actually established in 1984 as well as currently embodies performers including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Flower B. Simpson. In January, the picture opened a new 20,000-square-foot area in Tribeca.
Friday's legal action did not detail the art work Port Shainman Picture had actually committed to Hedges as well as his picture, noting merely that the 2 were actually intended to offer these jobs to enthusiasts. Depending on to the satisfy, Hedges as well as his picture "always kept as well as made use of those funds for their very own reasons and benefit.".
" Hedges Projects is saddened to find out about the claim filed through Jack Shainman Gallery," the gallery claimed in a statement. "Hedges Projects and also Port Shainman Picture possess possessed a prosperous service connection since 2018. It is actually unfortunate that Jack Shainman Gallery decided to sue while the parties reside in the midst of service agreements. Our company highly disagree with the claim, and also plan to insist counterclaims of our personal, if needed.".
A representative for Jack Shainman Gallery declined to comment.