.New York's Port Shainman Picture has filed a claim against debt collector James R. Hedges IV, alleging that he owes almost $300,000 for the sales of 19 art work that the picture had consigned to him.
The legal action, which was actually submitted in the Supreme Court of the State of The Big Apple on Friday, asserts that Hedges and also his picture, the Santa Monica-- based Hedges Projects, were actually consigned these jobs using billings courted in between June 2022 and Might 2024. Hedges and his picture are accused of being obligated to repay $298,772.72.
Hedges has actually called themself "the go-to guy for Warhol digital photography," claiming in his profile that he owns the largest personal collection of pictures by the Pop performer. He has actually curated series of Warhol's photos, including one in 2020 at Port Shainman Picture accommodated prior to the onset of the pandemic in The big apple. He also organized a selling series of Warhol's fine art along with Gagosian gallery in 2022.
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The boy of a collector of self-taught artists, Hedges centered permanent on craft beginning in 2013, the year that he departed the world of expenditure financial, according to the Art Newspaper. Along with collecting art, he has worked as a fiduciary to the Dia Fine Art Structure and has actually been actually a customer of the Museum of Modern Fine Art in The Big Apple, the Aspen Craft Museum in Colorado, as well as the Tate museum network in the UK. He is currently curator for the crafts at the the Resort Bel-Air and also the Beverly Hillsides Hotels And Resort and also Bungalows in Los Angeles.
Port Shainman Showroom was established in 1984 and presently exemplifies artists like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Rose B. Simpson. In January, the picture opened a brand-new 20,000-square-foot space in Tribeca.
Friday's legal action carried out not detail the artworks Jack Shainman Gallery had actually committed to Hedges as well as his picture, keeping in mind simply that the two were meant to market these works to collection agencies. According to the suit, Hedges and his picture "always kept as well as made use of those funds for their very own reasons and also advantage.".
" Hedges Projects is distressed to discover the case submitted by Jack Shainman Gallery," the gallery stated in a declaration. "Hedges Projects as well as Jack Shainman Picture have possessed a prosperous organization partnership considering that 2018. It is regrettable that Port Shainman Gallery determined to file a claim while the parties are in the midst of business settlements. We firmly differ with the claim, and also strategy to declare counterclaims of our personal, if important.".
A representative for Port Shainman Picture decreased to comment.