.Nyc’s Jack Shainman Gallery has actually sued debt collector James R. Hedges IV, affirming that he is obligated to repay almost $300,000 for the sales of 19 art work that the gallery had committed to him. The suit, which was actually filed in the High court of the State of The Big Apple on Friday, states that Hedges and his picture, the Santa clam Monica– based Hedges Projects, were actually committed these works by means of invoices dated between June 2022 and Might 2024.
Hedges as well as his gallery are actually implicated of owing $298,772.72. Hedges has actually called themself “the go-to fella for Warhol photography,” claiming in his profile that he has the greatest personal collection of photographs due to the Stand out musician. He has curated shows of Warhol’s pictures, including one in 2020 at Jack Shainman Gallery contained just before the beginning of the pandemic in New York.
He additionally presented a selling show of Warhol’s art along with Gagosian picture in 2022. Relevant Contents. The child of a debt collector of self-taught musicians, Hedges focused full-time on art starting in 2013, the year that he departed the planet of assets banking, depending on to the Art Newspaper.
In addition to gathering art, he has functioned as a fiduciary to the Dia Craft Foundation as well as has been actually a patron of the Gallery of Modern Fine Art in New York, the Aspen Art Gallery in Colorado, and the Tate museum system in the UK. He is actually presently manager for the fine arts at the the Lodging Bel-Air and also the Beverly Hillsides Accommodation and also Bungalows in Los Angeles. Jack Shainman Exhibit was actually started in 1984 and presently works with performers such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Flower B.
Simpson. In January, the picture opened up a brand new 20,000-square-foot room in Tribeca. Friday’s suit carried out certainly not information the art work Jack Shainman Picture had actually consigned to Hedges and his gallery, keeping in mind simply that the two were supposed to market these works to collectors.
According to the suit, Hedges as well as his gallery “maintained as well as utilized those funds for their own purposes and also advantage.”. ” Hedges Projects is actually grieved to find out about the suit filed through Port Shainman Gallery,” the picture claimed in a statement. “Hedges Projects and also Jack Shainman Gallery possess possessed a productive business connection considering that 2018.
It is actually regrettable that Port Shainman Picture chose to sue while the celebrations are in the middle of organization discussions. We firmly differ with the claim, and also planning to declare counterclaims of our very own, if required.”. An agent for Port Shainman Gallery decreased to comment.