.New York's Port Shainman Gallery has actually taken legal action against debt collector James R. Hedges IV, declaring that he owes almost $300,000 for the purchases of 19 arts pieces that the gallery had committed to him.
The suit, which was submitted in the Supreme Court of the State of New York on Friday, declares that Hedges as well as his gallery, the Santa Monica-- based Hedges Projects, were actually consigned these jobs using billings dated between June 2022 as well as May 2024. Hedges and also his picture are actually indicted of being obligated to repay $298,772.72.
Hedges has actually called himself "the best person for Warhol digital photography," professing in his profile that he has the biggest exclusive assortment of pictures due to the Pop musician. He has actually curated programs of Warhol's pictures, including one in 2020 at Jack Shainman Gallery held before the onset of the pandemic in The big apple. He likewise organized a selling program of Warhol's fine art with Gagosian picture in 2022.
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The boy of an enthusiast of self-taught artists, Hedges centered full time on art starting in 2013, the year that he departed the world of assets financial, depending on to the Art Newspaper. Aside from gathering art, he has served as a trustee to the Dia Craft Structure as well as has actually been a client of the Gallery of Modern Art in The Big Apple, the Aspen Art Museum in Colorado, as well as the Tate gallery system in the UK. He is currently curator for the arts at the the Hotel Bel-Air as well as the Beverly Hillsides Hotels And Resort and also Bungalows in Los Angeles.
Jack Shainman Exhibit was actually founded in 1984 and also presently exemplifies artists like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Rose B. Simpson. In January, the gallery opened a brand new 20,000-square-foot space in Tribeca.
Friday's lawsuit performed certainly not particular the artworks Port Shainman Gallery had committed to Hedges and also his picture, taking note merely that the 2 were actually expected to offer these jobs to collection agencies. Depending on to the fit, Hedges and his gallery "always kept and made use of those funds for their personal functions and benefit.".
" Hedges Projects is actually grieved to find out about the legal action submitted by Jack Shainman Gallery," the picture pointed out in a claim. "Hedges Projects as well as Jack Shainman Picture have had an effective business connection given that 2018. It is actually unfortunate that Port Shainman Gallery made a decision to sue while the gatherings remain in the midst of organization arrangements. Our experts definitely differ with the claim, as well as planning to insist counterclaims of our very own, if needed.".
An agent for Jack Shainman Gallery decreased to comment.