.Nyc's Port Shainman Gallery has actually filed suit collection agency James R. Hedges IV, alleging that he owes virtually $300,000 for the sales of 19 artworks that the picture had actually consigned to him.
The claim, which was actually filed in the Supreme Court of the State of The Big Apple on Friday, states that Hedges and his gallery, the Santa Monica-- located Hedges Projects, were actually consigned these works by means of billings courted between June 2022 and May 2024. Hedges and also his picture are indicted of being obligated to pay $298,772.72.
Hedges has called himself "the best individual for Warhol digital photography," declaring in his bio that he possesses the largest personal compilation of photographs by the Stand out musician. He has actually curated shows of Warhol's photographs, featuring one in 2020 at Port Shainman Picture contained just before the onset of the pandemic in New York. He also organized a selling show of Warhol's craft with Gagosian gallery in 2022.
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The kid of a collection agency of self-taught performers, Hedges concentrated full-time on craft beginning in 2013, the year that he left the planet of financial investment financial, depending on to the Fine art Paper. Along with gathering fine art, he has actually served as a fiduciary to the Dia Fine Art Foundation and has been a customer of the Museum of Modern Craft in Nyc, the Aspen Craft Gallery in Colorado, and also the Tate gallery network in the UK. He is presently manager for the fine arts at the the Lodging Bel-Air as well as the Beverly Hillsides Accommodation and also Bungalows in Los Angeles.
Jack Shainman Gallery was founded in 1984 and presently stands for performers like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Rose B. Simpson. In January, the gallery opened a brand new 20,000-square-foot room in Tribeca.
Friday's case performed not particular the arts pieces Port Shainman Gallery had committed to Hedges and also his picture, noting simply that the 2 were actually expected to offer these jobs to collectors. Depending on to the suit, Hedges and also his picture "always kept and also made use of those funds for their very own purposes and benefit.".
" Hedges Projects is actually grieved to learn more about the suit filed through Jack Shainman Picture," the picture mentioned in a claim. "Hedges Projects and also Jack Shainman Gallery have had a productive organization connection considering that 2018. It is actually regrettable that Port Shainman Gallery made a decision to sue while the parties are in the middle of service negotiations. Our experts highly disagree along with the case, and also planning to insist counterclaims of our very own, if important.".
An agent for Port Shainman Gallery decreased to comment.