.Nyc’s Jack Shainman Picture has filed a claim against collection agency James R. Hedges IV, declaring that he owes nearly $300,000 for the sales of 19 artworks that the gallery had consigned to him. The lawsuit, which was actually filed in the High court of the State of The Big Apple on Friday, asserts that Hedges and also his picture, the Santa clam Monica– located Hedges Projects, were consigned these jobs via statements gone out with between June 2022 and also Might 2024.
Hedges and also his picture are implicated of being obligated to pay $298,772.72. Hedges has called themself “the go-to man for Warhol photography,” claiming in his profile that he has the most significant exclusive collection of photos due to the Pop performer. He has curated shows of Warhol’s photos, including one in 2020 at Port Shainman Gallery carried prior to the start of the pandemic in New York.
He likewise presented a selling program of Warhol’s fine art with Gagosian gallery in 2022. Associated Contents. The kid of a debt collector of self-taught artists, Hedges concentrated permanent on art beginning in 2013, the year that he departed the planet of expenditure financial, depending on to the Art Newspaper.
Along with picking up art, he has actually worked as a trustee to the Dia Fine Art Structure and has actually been actually a customer of the Museum of Modern Art in Nyc, the Aspen Craft Museum in Colorado, and also the Tate gallery network in the UK. He is actually presently conservator for the fine arts at the the Lodging Bel-Air and also the Beverly Hills Lodging and also Bungalows in Los Angeles. Port Shainman Exhibit was actually founded in 1984 and presently works with performers such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Flower B.
Simpson. In January, the picture opened a brand-new 20,000-square-foot space in Tribeca. Friday’s suit did certainly not detail the art work Port Shainman Picture had actually committed to Hedges and also his picture, keeping in mind simply that both were actually meant to market these jobs to collection agencies.
According to the meet, Hedges and also his gallery “always kept and made use of those funds for their personal objectives and perk.”. ” Hedges Projects is actually saddened to learn about the claim filed by Port Shainman Picture,” the picture pointed out in a statement. “Hedges Projects and also Jack Shainman Picture have had a productive business relationship because 2018.
It is actually unfortunate that Jack Shainman Gallery decided to file a claim while the events remain in the middle of company arrangements. Our company strongly differ along with the claim, and planning to declare counterclaims of our very own, if needed.”. A representative for Port Shainman Gallery decreased to comment.