.Nyc's Jack Shainman Picture has actually sued collection agency James R. Hedges IV, declaring that he is obligated to repay nearly $300,000 for the purchases of 19 arts pieces that the gallery had actually committed to him.
The case, which was actually filed in the Supreme Court of the Condition of The Big Apple on Friday, states that Hedges and also his picture, the Santa clam Monica-- based Hedges Projects, were committed these jobs via billings courted between June 2022 as well as May 2024. Hedges as well as his gallery are actually accused of owing $298,772.72.
Hedges has actually called themself "the best man for Warhol photography," declaring in his biography that he owns the most significant exclusive collection of photographs by the Pop performer. He has actually curated programs of Warhol's photographs, consisting of one in 2020 at Port Shainman Picture accommodated before the onset of the pandemic in New york city. He additionally presented a selling show of Warhol's fine art with Gagosian picture in 2022.
Relevant Contents.
The child of a debt collector of self-taught performers, Hedges focused full time on art beginning in 2013, the year that he departed the planet of expenditure financial, depending on to the Art Paper. Aside from gathering fine art, he has actually worked as a trustee to the Dia Art Foundation and also has been actually a client of the Museum of Modern Fine Art in The Big Apple, the Aspen Craft Museum in Colorado, and the Tate museum network in the UK. He is currently conservator for the arts at the the Lodging Bel-Air and the Beverly Hillsides Hotel and Bungalows in Los Angeles.
Jack Shainman Gallery was established in 1984 and also presently exemplifies musicians such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Rose B. Simpson. In January, the gallery opened a brand new 20,000-square-foot space in Tribeca.
Friday's suit did certainly not detail the art work Port Shainman Gallery had consigned to Hedges as well as his picture, taking note just that the two were expected to sell these jobs to collection agencies. According to the satisfy, Hedges and also his gallery "kept as well as made use of those funds for their own reasons and perk.".
" Hedges Projects is actually saddened to find out about the suit filed by Jack Shainman Gallery," the gallery stated in a claim. "Hedges Projects and also Port Shainman Picture possess had a successful business partnership because 2018. It is actually regrettable that Jack Shainman Picture determined to file a claim while the events are in the midst of company arrangements. Our team definitely differ with the insurance claim, and program to insist counterclaims of our personal, if important.".
An agent for Jack Shainman Picture dropped to comment.