.Nyc’s Port Shainman Gallery has actually filed suit collector James R. Hedges IV, alleging that he owes nearly $300,000 for the sales of 19 artworks that the gallery had actually committed to him. The suit, which was actually filed in the High court of the State of Nyc on Friday, states that Hedges and his gallery, the Santa Monica– located Hedges Projects, were actually committed these jobs through billings dated in between June 2022 and Might 2024.
Hedges and also his gallery are actually indicted of owing $298,772.72. Hedges has actually called themself “the go-to guy for Warhol digital photography,” asserting in his profile that he has the most significant exclusive selection of photos due to the Pop artist. He has actually curated shows of Warhol’s pictures, consisting of one in 2020 at Port Shainman Picture held just before the beginning of the pandemic in New york city.
He likewise staged a marketing program of Warhol’s fine art along with Gagosian gallery in 2022. Similar Articles. The child of a debt collector of self-taught musicians, Hedges centered full time on fine art beginning in 2013, the year that he left the planet of expenditure banking, depending on to the Art Newspaper.
Aside from collecting fine art, he has served as a fiduciary to the Dia Craft Foundation as well as has been a client of the Museum of Modern Craft in The Big Apple, the Aspen Fine Art Gallery in Colorado, and the Tate museum network in the UK. He is currently conservator for the arts at the the Hotels and resort Bel-Air and also the Beverly Hills Hotels And Resort and also Bungalows in Los Angeles. Port Shainman Gallery was founded in 1984 as well as presently represents performers including Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Flower B.
Simpson. In January, the gallery opened up a new 20,000-square-foot room in Tribeca. Friday’s lawsuit performed not detail the art work Jack Shainman Picture had actually consigned to Hedges and also his picture, noting merely that the two were supposed to offer these jobs to debt collectors.
Depending on to the satisfy, Hedges and also his gallery “maintained and utilized those funds for their very own objectives and also perk.”. ” Hedges Projects is actually distressed to discover the legal action submitted by Jack Shainman Gallery,” the gallery claimed in a declaration. “Hedges Projects and also Port Shainman Gallery possess had a prosperous service relationship given that 2018.
It is regrettable that Port Shainman Gallery made a decision to file a claim while the parties remain in the middle of organization arrangements. Our company definitely disagree along with the case, and planning to assert counterclaims of our personal, if needed.”. A rep for Jack Shainman Gallery dropped to comment.