.New York's Port Shainman Picture has filed a claim against enthusiast James R. Hedges IV, declaring that he is obligated to repay almost $300,000 for the sales of 19 artworks that the gallery had consigned to him.
The lawsuit, which was actually submitted in the Supreme Court of the Condition of Nyc on Friday, claims that Hedges and also his gallery, the Santa clam Monica-- based Hedges Projects, were committed these works through statements dated between June 2022 as well as May 2024. Hedges and his picture are charged of being obligated to repay $298,772.72.
Hedges has actually called themself "the best fella for Warhol digital photography," claiming in his bio that he possesses the greatest exclusive assortment of photographs by the Pop musician. He has curated shows of Warhol's pictures, featuring one in 2020 at Port Shainman Gallery contained just before the onset of the pandemic in New York. He additionally organized a selling series of Warhol's fine art with Gagosian picture in 2022.
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The son of an enthusiast of self-taught artists, Hedges concentrated full-time on art beginning in 2013, the year that he departed the planet of investment banking, according to the Fine art Paper. In addition to picking up craft, he has actually served as a trustee to the Dia Craft Base as well as has been a client of the Gallery of Modern Craft in The Big Apple, the Aspen Craft Museum in Colorado, and also the Tate museum network in the UK. He is currently manager for the arts at the the Resort Bel-Air and the Beverly Hillsides Hotels And Resort and also Bungalows in Los Angeles.
Jack Shainman Gallery was actually started in 1984 as well as presently works with musicians such as 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 area in Tribeca.
Friday's case did not information the arts pieces Port Shainman Gallery had consigned to Hedges and also his gallery, keeping in mind only that both were actually meant to offer these jobs to collection agencies. According to the meet, Hedges as well as his picture "always kept as well as used those funds for their own reasons and advantage.".
" Hedges Projects is actually grieved to find out about the legal action filed through Jack Shainman Gallery," the picture pointed out in a declaration. "Hedges Projects and also Jack Shainman Picture possess had a successful organization relationship because 2018. It is actually unfavorable that Jack Shainman Gallery made a decision to file a claim while the parties are in the middle of company settlements. Our team firmly disagree along with the claim, and also plan to assert counterclaims of our very own, if important.".
A representative for Jack Shainman Gallery decreased to comment.