.New york city's Jack Shainman Gallery has actually filed a claim against enthusiast James R. Hedges IV, declaring that he owes virtually $300,000 for the sales of 19 arts pieces that the picture had actually committed to him.
The claim, which was actually submitted in the Supreme Court of the Condition of New York City on Friday, professes that Hedges and also his picture, the Santa Monica-- based Hedges Projects, were consigned these jobs via invoices dated in between June 2022 as well as Might 2024. Hedges and also his picture are actually accused of being obligated to repay $298,772.72.
Hedges has actually called himself "the go-to guy for Warhol digital photography," professing in his bio that he owns the biggest private collection of pictures due to the Stand out performer. He has actually curated shows of Warhol's pictures, consisting of one in 2020 at Jack Shainman Picture accommodated before the start of the pandemic in New york city. He also organized a selling program of Warhol's craft with Gagosian picture in 2022.
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The kid of an enthusiast of self-taught performers, Hedges concentrated permanent on fine art beginning in 2013, the year that he departed the planet of investment financial, according to the Craft Paper. Aside from picking up fine art, he has actually served as a fiduciary to the Dia Art Structure as well as has been a customer of the Gallery of Modern Art in New York City, the Aspen Craft Gallery in Colorado, and the Tate gallery network in the UK. He is presently manager for the fine arts at the the Hotels and resort Bel-Air and also the Beverly Hills Lodging as well as Bungalows in Los Angeles.
Jack Shainman Exhibit was actually started in 1984 and also currently stands for artists such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Flower B. Simpson. In January, the gallery opened a brand-new 20,000-square-foot space in Tribeca.
Friday's case carried out certainly not information the art work Jack Shainman Gallery had consigned to Hedges as well as his gallery, keeping in mind just that the 2 were supposed to market these works to enthusiasts. According to the suit, Hedges and his gallery "maintained as well as made use of those funds for their personal functions as well as benefit.".
" Hedges Projects is actually grieved to learn more about the legal action filed through Port Shainman Picture," the picture mentioned in a claim. "Hedges Projects as well as Port Shainman Gallery have had a productive organization connection due to the fact that 2018. It is regrettable that Jack Shainman Gallery determined to sue while the celebrations reside in the midst of company arrangements. Our experts highly differ with the insurance claim, and strategy to assert counterclaims of our own, if important.".
A rep for Jack Shainman Picture declined to comment.