Jack Shainman Gallery Sues Collection Agency Jim Hedges for Nearly $300,000

.The big apple’s Port Shainman Gallery has actually taken legal action against enthusiast James R. Hedges IV, declaring that he is obligated to pay virtually $300,000 for the sales of 19 arts pieces that the gallery had actually consigned to him. The lawsuit, which was actually submitted in the Supreme Court of the State of New York on Friday, states that Hedges and also his picture, the Santa clam Monica– located Hedges Projects, were consigned these jobs via statements courted in between June 2022 as well as Might 2024.

Hedges and his picture are indicted of being obligated to pay $298,772.72. Hedges has called themself “the best individual for Warhol digital photography,” professing in his bio that he owns the largest exclusive collection of pictures due to the Stand out performer. He has actually curated programs of Warhol’s pictures, consisting of one in 2020 at Port Shainman Picture held before the beginning of the pandemic in The big apple.

He also presented a marketing series of Warhol’s craft with Gagosian gallery in 2022. Similar Articles. The kid of a debt collector of self-taught artists, Hedges centered full-time on craft beginning in 2013, the year that he left the world of assets financial, depending on to the Craft Paper.

Along with picking up fine art, he has actually worked as a fiduciary to the Dia Craft Foundation as well as has actually been a patron of the Museum of Modern Craft in New York City, the Aspen Fine Art Museum in Colorado, and also the Tate gallery network in the UK. He is actually presently manager for the arts at the the Resort Bel-Air as well as the Beverly Hillsides Hotels And Resort and also Bungalows in Los Angeles. Jack Shainman Showroom was founded in 1984 and also presently works with artists like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and Flower B.

Simpson. In January, the gallery opened a new 20,000-square-foot space in Tribeca. Friday’s suit carried out certainly not particular the arts pieces Jack Shainman Gallery had actually committed to Hedges and his picture, noting only that the 2 were actually meant to market these jobs to debt collectors.

Depending on to the meet, Hedges and his picture “maintained as well as utilized those funds for their own functions and advantage.”. ” Hedges Projects is actually saddened to find out about the case submitted by Jack Shainman Picture,” the picture claimed in a claim. “Hedges Projects as well as Port Shainman Picture possess possessed a successful business relationship because 2018.

It is actually unfortunate that Jack Shainman Gallery chose to sue while the gatherings are in the midst of business discussions. Our experts highly differ along with the insurance claim, as well as plan to declare counterclaims of our very own, if necessary.”. A rep for Port Shainman Gallery decreased to comment.