.Nyc’s Jack Shainman Gallery has actually taken legal action against enthusiast James R. Hedges IV, alleging that he owes virtually $300,000 for the sales of 19 arts pieces that the gallery had consigned to him. The suit, which was filed in the High court of the State of New York City on Friday, professes that Hedges as well as his gallery, the Santa Monica– based Hedges Projects, were actually consigned these works via statements dated between June 2022 and also May 2024.
Hedges and his gallery are actually accused of being obligated to repay $298,772.72. Hedges has actually called himself “the go-to guy for Warhol digital photography,” stating in his profile that he possesses the greatest private selection of pictures due to the Stand out performer. He has actually curated series of Warhol’s photos, featuring one in 2020 at Jack Shainman Gallery held before the start of the pandemic in Nyc.
He additionally staged a marketing show of Warhol’s craft along with Gagosian picture in 2022. Related Articles. The son of an enthusiast of self-taught artists, Hedges focused full-time on craft starting in 2013, the year that he left the world of investment financial, depending on to the Art Newspaper.
Besides picking up art, he has worked as a fiduciary to the Dia Craft Foundation as well as has been a customer of the Gallery of Modern Fine Art in New York City, the Aspen Fine Art Museum in Colorado, and the Tate gallery network in the UK. He is presently curator for the fine arts at the the Resort Bel-Air as well as the Beverly Hills Resort and also Bungalows in Los Angeles. Jack Shainman Exhibit was actually established in 1984 as well as presently represents musicians including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, as well as Rose B.
Simpson. In January, the picture opened up a brand new 20,000-square-foot space in Tribeca. Friday’s legal action did not information the artworks Port Shainman Picture had committed to Hedges as well as his gallery, taking note just that both were actually intended to market these works to collectors.
According to the satisfy, Hedges and his picture “always kept as well as used those funds for their very own reasons and advantage.”. ” Hedges Projects is saddened to learn more about the case filed through Jack Shainman Picture,” the picture pointed out in a statement. “Hedges Projects and Port Shainman Picture have possessed an effective organization partnership considering that 2018.
It is actually unfortunate that Jack Shainman Gallery determined to file a claim while the parties are in the middle of organization agreements. Our experts definitely disagree with the insurance claim, and also plan to claim counterclaims of our personal, if essential.”. A representative for Jack Shainman Picture dropped to comment.