.New york city’s Port Shainman Gallery has sued collection agency James R. Hedges IV, affirming that he owes almost $300,000 for the purchases of 19 arts pieces that the gallery had committed to him. The suit, which was filed in the Supreme Court of the Condition of The Big Apple on Friday, declares that Hedges and his picture, the Santa Monica– based Hedges Projects, were actually committed these jobs via billings courted between June 2022 and Might 2024.
Hedges and also his picture are actually implicated of owing $298,772.72. Hedges has actually called himself “the go-to individual for Warhol digital photography,” professing in his profile that he possesses the biggest exclusive selection of photographs due to the Stand out musician. He has actually curated series of Warhol’s pictures, featuring one in 2020 at Jack Shainman Gallery held just before the start of the pandemic in Nyc.
He also presented a marketing series of Warhol’s craft with Gagosian gallery in 2022. Similar Contents. The boy of a collection agency of self-taught performers, Hedges focused permanent on art starting in 2013, the year that he left the globe of assets financial, according to the Craft Newspaper.
Along with picking up craft, he has actually acted as a fiduciary to the Dia Craft Base and has been actually a patron of the Museum of Modern Art in Nyc, the Aspen Art Museum in Colorado, as well as the Tate museum system in the UK. He is actually currently manager for the arts at the the Accommodation Bel-Air and the Beverly Hills Lodging and Bungalows in Los Angeles. Port Shainman Exhibit was founded in 1984 and currently exemplifies 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 area in Tribeca. Friday’s suit did certainly not particular the art work Port Shainman Gallery had actually committed to Hedges as well as his gallery, taking note only that the two were actually expected to sell these works to debt collectors.
According to the suit, Hedges and his picture “always kept as well as utilized those funds for their own reasons as well as perk.”. ” Hedges Projects is actually grieved to learn more about the case submitted by Jack Shainman Gallery,” the picture said in a declaration. “Hedges Projects as well as Jack Shainman Gallery possess possessed an effective company partnership since 2018.
It is actually regrettable that Port Shainman Gallery determined to sue while the parties remain in the middle of organization arrangements. Our company strongly differ with the insurance claim, and also planning to insist counterclaims of our very own, if essential.”. A rep for Jack Shainman Picture decreased to comment.