.New york city’s Port Shainman Gallery has actually filed suit debt collector James R. Hedges IV, alleging that he is obligated to repay almost $300,000 for the purchases of 19 arts pieces that the gallery had actually consigned to him. The legal action, which was submitted in the High court of the Condition of New York on Friday, asserts that Hedges as well as his gallery, the Santa clam Monica– located Hedges Projects, were committed these jobs by means of statements dated between June 2022 as well as May 2024.
Hedges as well as his gallery are accused of owing $298,772.72. Hedges has actually called himself “the best individual for Warhol photography,” declaring in his bio that he has the greatest exclusive assortment of pictures due to the Pop artist. He has curated series of Warhol’s photos, featuring one in 2020 at Port Shainman Gallery contained prior to the start of the pandemic in Nyc.
He likewise organized a selling show of Warhol’s art with Gagosian gallery in 2022. Relevant Articles. The son of an enthusiast of self-taught musicians, Hedges concentrated permanent on art starting in 2013, the year that he departed the globe of assets financial, depending on to the Art Paper.
Along with picking up fine art, he has acted as a fiduciary to the Dia Fine Art Structure and also has actually been actually a customer of the Gallery of Modern Craft in New York, the Aspen Art Museum in Colorado, and the Tate gallery network in the UK. He is actually currently curator for the crafts at the the Resort Bel-Air as well as the Beverly Hillsides Hotels And Resort and Bungalows in Los Angeles. Jack Shainman Showroom was actually founded in 1984 as well as presently represents artists including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Rose B.
Simpson. In January, the picture opened a brand-new 20,000-square-foot room in Tribeca. Friday’s suit did not detail the arts pieces Jack Shainman Picture had committed to Hedges and also his gallery, taking note just that both were actually supposed to sell these works to collectors.
According to the meet, Hedges and also his gallery “always kept as well as utilized those funds for their personal functions and benefit.”. ” Hedges Projects is distressed to learn about the lawsuit filed through Port Shainman Gallery,” the picture mentioned in a statement. “Hedges Projects and also Port Shainman Gallery possess possessed an effective service partnership considering that 2018.
It is unfortunate that Port Shainman Gallery determined to file a claim while the gatherings remain in the midst of business negotiations. Our team strongly disagree with the case, as well as plan to claim counterclaims of our very own, if required.”. A rep for Jack Shainman Gallery dropped to comment.