.New York's Port Shainman Picture has sued debt collector James R. Hedges IV, declaring that he is obligated to pay nearly $300,000 for the sales of 19 art work that the gallery had actually committed to him.
The case, which was filed in the High court of the State of New York on Friday, declares that Hedges and also his picture, the Santa Monica-- located Hedges Projects, were actually committed these jobs using billings courted between June 2022 as well as Might 2024. Hedges and his picture are indicted of being obligated to pay $298,772.72.
Hedges has actually called himself "the best person for Warhol photography," professing in his profile that he owns the most significant personal compilation of photos by the Pop performer. He has actually curated shows of Warhol's photos, including one in 2020 at Port Shainman Gallery carried prior to the beginning of the pandemic in New york city. He likewise presented a marketing series of Warhol's fine art along with Gagosian picture in 2022.
Similar Contents.
The kid of a collection agency of self-taught artists, Hedges focused permanent on art beginning in 2013, the year that he departed the world of financial investment banking, according to the Art Paper. Aside from accumulating craft, he has actually worked as a fiduciary to the Dia Fine Art Base and also has actually been actually a client of the Museum of Modern Craft in The Big Apple, the Aspen Fine Art Museum in Colorado, as well as the Tate museum network in the UK. He is currently curator for the crafts at the the Lodging Bel-Air and also the Beverly Hillsides Lodging and Bungalows in Los Angeles.
Port Shainman Gallery was actually started in 1984 and presently represents musicians including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Flower B. Simpson. In January, the picture opened up a new 20,000-square-foot space in Tribeca.
Friday's lawsuit carried out not particular the artworks Jack Shainman Picture had actually committed to Hedges and also his picture, noting only that the 2 were meant to market these jobs to collection agencies. Depending on to the match, Hedges and also his picture "kept and also utilized those funds for their personal purposes as well as benefit.".
" Hedges Projects is actually grieved to discover the claim filed by Port Shainman Picture," the gallery stated in a declaration. "Hedges Projects and Port Shainman Picture possess had a productive service relationship given that 2018. It is actually unfortunate that Jack Shainman Gallery made a decision to file a claim while the gatherings are in the middle of business arrangements. Our team firmly disagree along with the claim, and strategy to assert counterclaims of our very own, if needed.".
A rep for Jack Shainman Picture declined to comment.