.Nyc's Port Shainman Gallery has filed suit debt collector James R. Hedges IV, alleging that he owes nearly $300,000 for the sales of 19 art work that the gallery had committed to him.
The claim, which was actually submitted in the High court of the Condition of New York on Friday, claims that Hedges and his gallery, the Santa clam Monica-- based Hedges Projects, were actually committed these jobs through invoices courted between June 2022 and May 2024. Hedges and also his picture are charged of being obligated to pay $298,772.72.
Hedges has actually called themself "the best man for Warhol photography," claiming in his profile that he possesses the largest exclusive compilation of photographs due to 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 beginning of the pandemic in Nyc. He also staged a selling program of Warhol's craft with Gagosian gallery in 2022.
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The boy of a collector of self-taught artists, Hedges centered full time on fine art beginning in 2013, the year that he left the planet of assets financial, depending on to the Craft Newspaper. Along with collecting fine art, he has acted as a trustee to the Dia Craft Base as well as has actually been a client of the Gallery of Modern Craft in New York, the Aspen Craft Museum in Colorado, as well as the Tate gallery system in the UK. He is presently manager for the arts at the the Resort Bel-Air and the Beverly Hillsides Hotels And Resort and also Bungalows in Los Angeles.
Port Shainman Showroom was actually founded in 1984 as well as currently represents performers 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 room in Tribeca.
Friday's suit performed not particular the artworks Port Shainman Picture had actually committed to Hedges and also his picture, noting simply that the two were actually expected to sell these jobs to collection agencies. According to the fit, Hedges and his gallery "always kept and also made use of those funds for their personal objectives and benefit.".
" Hedges Projects is saddened to find out about the lawsuit submitted by Port Shainman Picture," the picture said in a claim. "Hedges Projects and Port Shainman Gallery possess had an effective company connection given that 2018. It is actually unfavorable that Jack Shainman Picture chose to sue while the gatherings are in the middle of business discussions. Our company firmly disagree with the insurance claim, as well as plan to insist counterclaims of our personal, if needed.".
A representative for Port Shainman Gallery decreased to comment.