.New york city's Port Shainman Picture has actually sued collection agency James R. Hedges IV, affirming that he owes nearly $300,000 for the sales of 19 art work that the picture had consigned to him.
The suit, which was filed in the Supreme Court of the Condition of Nyc on Friday, claims that Hedges and also his gallery, the Santa Monica-- located Hedges Projects, were consigned these works via billings dated in between June 2022 and Might 2024. Hedges and his gallery are charged of being obligated to pay $298,772.72.
Hedges has actually called themself "the best man for Warhol digital photography," declaring in his bio that he owns the greatest personal selection of photographs by the Stand out artist. He has curated shows of Warhol's pictures, including one in 2020 at Port Shainman Gallery carried just before the start of the pandemic in Nyc. He also staged a marketing show of Warhol's fine art along with Gagosian picture in 2022.
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The kid of a debt collector of self-taught performers, Hedges focused full time on craft starting in 2013, the year that he departed the globe of assets banking, depending on to the Fine art Paper. Aside from picking up craft, he has actually served as a fiduciary to the Dia Art Foundation as well as has actually been a patron of the Gallery of Modern Fine Art in Nyc, the Aspen Craft Museum in Colorado, and also the Tate museum network in the UK. He is actually currently curator for the crafts at the the Resort Bel-Air and also the Beverly Hills Hotel and also Bungalows in Los Angeles.
Jack Shainman Showroom was founded in 1984 and presently embodies musicians including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, as well as Flower B. Simpson. In January, the gallery opened a new 20,000-square-foot room in Tribeca.
Friday's legal action carried out certainly not information the artworks Port Shainman Picture had actually consigned to Hedges and his picture, noting simply that the 2 were meant to market these jobs to collectors. Depending on to the suit, Hedges and also his picture "maintained as well as utilized those funds for their personal functions and advantage.".
" Hedges Projects is actually distressed to discover the case submitted by Jack Shainman Picture," the picture pointed out in a claim. "Hedges Projects and Port Shainman Picture have had a successful company relationship considering that 2018. It is unfortunate that Port Shainman Picture made a decision to sue while the events reside in the middle of company settlements. We firmly differ with the claim, and strategy to declare counterclaims of our personal, if required.".
A representative for Port Shainman Picture dropped to comment.