.New York’s Port Shainman Gallery has actually taken legal action against enthusiast James R. Hedges IV, affirming that he is obligated to repay virtually $300,000 for the purchases of 19 artworks that the picture had consigned to him. The claim, which was filed in the High court of the State of New York on Friday, claims that Hedges and his picture, the Santa clam Monica– located Hedges Projects, were committed these works via invoices dated in between June 2022 and also May 2024.
Hedges and also his gallery are charged of owing $298,772.72. Hedges has actually called themself “the best guy for Warhol photography,” professing in his bio that he owns the most significant exclusive compilation of pictures by the Pop artist. He has curated series of Warhol’s photos, including one in 2020 at Port Shainman Picture carried prior to the onset of the pandemic in New york city.
He also organized a marketing program of Warhol’s fine art with Gagosian picture in 2022. Relevant Articles. The child of a collector of self-taught performers, Hedges centered full time on fine art starting in 2013, the year that he left the world of expenditure banking, according to the Craft Newspaper.
Along with picking up craft, he has acted as a trustee to the Dia Art Groundwork and has actually been a client of the Gallery of Modern Fine Art in New York City, the Aspen Fine Art Gallery in Colorado, as well as the Tate gallery network in the UK. He is presently conservator for the fine arts at the the Accommodation Bel-Air as well as the Beverly Hillsides Lodging and Bungalows in Los Angeles. Jack Shainman Showroom was founded in 1984 and also presently stands for musicians such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, as well as Flower B.
Simpson. In January, the gallery opened a brand-new 20,000-square-foot space in Tribeca. Friday’s suit performed not detail the art work Jack Shainman Gallery had actually consigned to Hedges and also his picture, noting merely that the 2 were actually supposed to offer these works to enthusiasts.
Depending on to the satisfy, Hedges and also his gallery “always kept and made use of those funds for their personal reasons and also advantage.”. ” Hedges Projects is grieved to learn about the claim filed through Port Shainman Gallery,” the picture claimed in a claim. “Hedges Projects as well as Port Shainman Picture possess had a successful company connection since 2018.
It is actually regrettable that Jack Shainman Picture decided to file a claim while the gatherings are in the middle of company settlements. Our company firmly disagree along with the case, and also plan to insist counterclaims of our very own, if necessary.”. A representative for Jack Shainman Picture dropped to comment.