.New york city's Port Shainman Picture has filed a claim against debt collector James R. Hedges IV, alleging that he is obligated to pay almost $300,000 for the sales of 19 artworks that the gallery had consigned to him.
The suit, which was actually filed in the Supreme Court of the Condition of New York City on Friday, claims that Hedges and his gallery, the Santa clam Monica-- located Hedges Projects, were actually consigned these jobs using statements gone out with between June 2022 as well as May 2024. Hedges as well as his gallery are actually indicted of being obligated to pay $298,772.72.
Hedges has called themself "the best person for Warhol photography," asserting in his bio that he possesses the most significant exclusive collection of photos due to the Pop artist. He has curated series of Warhol's photographs, including one in 2020 at Jack Shainman Picture accommodated just before the start of the pandemic in New york city. He also organized a marketing show of Warhol's art along with Gagosian picture in 2022.
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The son of a collection agency of self-taught artists, Hedges concentrated permanent on craft starting in 2013, the year that he left the globe of expenditure banking, depending on to the Fine art Paper. In addition to picking up fine art, he has actually functioned as a trustee to the Dia Craft Groundwork as well as has actually been actually a client of the Gallery of Modern Fine Art in New York, the Aspen Craft Gallery in Colorado, and the Tate museum network in the UK. He is actually currently conservator for the crafts at the the Hotel Bel-Air and also the Beverly Hillsides Accommodation as well as Bungalows in Los Angeles.
Port Shainman Gallery was established in 1984 as well as currently represents musicians like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Rose B. Simpson. In January, the gallery opened up a brand-new 20,000-square-foot area in Tribeca.
Friday's claim carried out not detail the artworks Jack Shainman Picture had actually consigned to Hedges and his picture, keeping in mind merely that both were supposed to sell these jobs to debt collectors. According to the fit, Hedges and his gallery "always kept and made use of those funds for their own purposes and also perk.".
" Hedges Projects is actually grieved to discover the lawsuit submitted by Port Shainman Picture," the gallery said in a claim. "Hedges Projects and also Port Shainman Picture have possessed a successful service partnership given that 2018. It is actually unfortunate that Port Shainman Picture determined to file a claim while the celebrations reside in the middle of business agreements. We firmly disagree with the claim, as well as strategy to insist counterclaims of our own, if required.".
An agent for Jack Shainman Picture declined to comment.