.The big apple's Port Shainman Gallery has filed suit collection agency James R. Hedges IV, alleging that he owes almost $300,000 for the sales of 19 artworks that the gallery had committed to him.
The claim, which was actually filed in the High court of the State of New York City on Friday, declares that Hedges and also his gallery, the Santa clam Monica-- based Hedges Projects, were consigned these works through invoices courted between June 2022 and Might 2024. Hedges as well as his gallery are indicted of owing $298,772.72.
Hedges has called themself "the go-to fella for Warhol photography," asserting in his bio that he possesses the greatest private selection of photos by the Pop artist. He has curated programs of Warhol's photos, consisting of one in 2020 at Port Shainman Gallery contained just before the beginning of the pandemic in New York. He additionally presented a marketing program of Warhol's craft with Gagosian picture in 2022.
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The boy of an enthusiast of self-taught musicians, Hedges centered permanent on craft starting in 2013, the year that he departed the world of assets banking, according to the Art Paper. Aside from collecting craft, he has acted as a fiduciary to the Dia Craft Groundwork as well as has actually been actually a patron of the Gallery of Modern Fine Art in New York City, the Aspen Fine Art Gallery in Colorado, as well as the Tate museum network in the UK. He is currently manager for the crafts at the the Accommodation Bel-Air and the Beverly Hills Hotels And Resort as well as Bungalows in Los Angeles.
Port Shainman Gallery was actually founded in 1984 and also presently embodies performers like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Flower B. Simpson. In January, the gallery opened up a brand new 20,000-square-foot room in Tribeca.
Friday's case did certainly not information the art work Jack Shainman Picture had committed to Hedges and his picture, noting simply that the 2 were supposed to sell these jobs to collectors. According to the suit, Hedges as well as his picture "kept and used those funds for their very own purposes as well as perk.".
" Hedges Projects is actually grieved to find out about the claim submitted by Jack Shainman Gallery," the picture pointed out in a statement. "Hedges Projects as well as Port Shainman Picture possess possessed a successful organization partnership considering that 2018. It is unfortunate that Jack Shainman Gallery chose to sue while the celebrations remain in the midst of business arrangements. We firmly differ along with the case, as well as planning to declare counterclaims of our own, if important.".
An agent for Jack Shainman Gallery dropped to comment.