.New York's Port Shainman Picture has filed a claim against enthusiast James R. Hedges IV, declaring that he is obligated to pay almost $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 New York City on Friday, asserts that Hedges as well as his gallery, the Santa clam Monica-- based Hedges Projects, were committed these works using invoices dated in between June 2022 and Might 2024. Hedges as well as his picture are actually indicted of owing $298,772.72.
Hedges has actually called themself "the best man for Warhol digital photography," claiming in his bio that he owns the biggest personal compilation of photos due to the Pop artist. He has curated shows of Warhol's photographs, featuring one in 2020 at Port Shainman Gallery contained just before the start of the pandemic in New York. He additionally staged a marketing series of Warhol's fine art along with Gagosian gallery in 2022.
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The child of a collection agency of self-taught musicians, Hedges focused permanent on art beginning in 2013, the year that he left the world of assets banking, according to the Art Newspaper. Besides collecting art, he has acted as a fiduciary to the Dia Craft Base as well as has actually been actually a customer of the Gallery of Modern Fine Art in The Big Apple, the Aspen Art Museum in Colorado, and also the Tate gallery network in the UK. He is actually currently manager for the crafts at the the Hotel Bel-Air and the Beverly Hillsides Hotel and Bungalows in Los Angeles.
Jack Shainman Gallery was actually established in 1984 and also presently works with artists such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Rose B. Simpson. In January, the gallery opened up a brand-new 20,000-square-foot area in Tribeca.
Friday's case carried out not particular the arts pieces Port Shainman Picture had committed to Hedges and also his gallery, noting just that the two were expected to market these works to debt collectors. According to the match, Hedges and also his picture "always kept as well as used those funds for their personal objectives and advantage.".
" Hedges Projects is grieved to discover the legal action submitted through Port Shainman Gallery," the gallery stated in a claim. "Hedges Projects as well as Jack Shainman Picture have had a prosperous service partnership considering that 2018. It is unlucky that Jack Shainman Gallery determined to sue while the gatherings are in the midst of company arrangements. Our company definitely disagree with the claim, and plan to assert counterclaims of our personal, if needed.".
A rep for Port Shainman Gallery declined to comment.