Art

Jack Shainman Gallery Sues Collector Jim Hedges for Virtually $300,000

.The big apple's Jack Shainman Picture has filed suit enthusiast James R. Hedges IV, declaring that he owes virtually $300,000 for the sales of 19 arts pieces that the gallery had consigned to him.
The lawsuit, which was filed in the Supreme Court of the State of Nyc on Friday, professes that Hedges and his picture, the Santa Monica-- based Hedges Projects, were consigned these jobs by means of invoices courted in between June 2022 and also Might 2024. Hedges and his picture are actually implicated of being obligated to pay $298,772.72.
Hedges has called himself "the go-to person for Warhol digital photography," stating in his profile that he has the greatest personal collection of photographs due to the Stand out artist. He has actually curated programs of Warhol's photos, including one in 2020 at Port Shainman Gallery contained before the beginning of the pandemic in New York. He also staged a marketing show of Warhol's fine art with Gagosian gallery in 2022.

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The boy of a collector of self-taught musicians, Hedges concentrated full time on art starting in 2013, the year that he departed the globe of expenditure banking, depending on to the Fine art Paper. Aside from picking up fine art, he has actually served as a trustee to the Dia Art Groundwork as well as has been a customer of the Museum of Modern Craft in New York City, the Aspen Craft Museum in Colorado, as well as the Tate museum system in the UK. He is actually presently curator for the crafts at the the Lodging Bel-Air and also the Beverly Hills Accommodation and Bungalows in Los Angeles.
Jack Shainman Gallery was founded in 1984 and presently represents musicians such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Rose B. Simpson. In January, the gallery opened up a brand-new 20,000-square-foot room in Tribeca.
Friday's lawsuit carried out not detail the arts pieces Jack Shainman Picture had committed to Hedges as well as his picture, keeping in mind just that the 2 were supposed to market these works 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 personal objectives as well as advantage.".
" Hedges Projects is made blue to learn more about the lawsuit filed by Jack Shainman Picture," the picture stated in a declaration. "Hedges Projects as well as Jack Shainman Picture have had an effective service partnership because 2018. It is unlucky that Port Shainman Gallery made a decision to file a claim while the gatherings are in the midst of service settlements. Our experts highly differ with the insurance claim, as well as planning to assert counterclaims of our very own, if important.".
An agent for Jack Shainman Picture dropped to comment.