.New York’s Jack Shainman Picture has filed a claim against debt collector James R. Hedges IV, alleging that he is obligated to pay nearly $300,000 for the sales of 19 arts pieces that the gallery had consigned to him. The claim, which was actually submitted in the Supreme Court of the Condition of The Big Apple on Friday, declares that Hedges and also his picture, the Santa Monica– located Hedges Projects, were committed these jobs through invoices dated between June 2022 and also Might 2024.
Hedges and also his picture are indicted of owing $298,772.72. Hedges has actually called himself “the go-to guy for Warhol digital photography,” claiming in his bio that he owns the biggest personal compilation of pictures due to the Stand out performer. He has curated shows of Warhol’s photographs, including one in 2020 at Jack Shainman Gallery held prior to the onset of the pandemic in The big apple.
He additionally staged a marketing show of Warhol’s art with Gagosian gallery in 2022. Relevant Contents. The kid of a collection agency of self-taught performers, Hedges concentrated full-time on fine art starting in 2013, the year that he left the world of expenditure financial, according to the Craft Paper.
Besides collecting art, he has actually served as a fiduciary to the Dia Craft Structure as well as has been actually a customer of the Gallery of Modern Fine Art in Nyc, the Aspen Craft Gallery in Colorado, and the Tate gallery system in the UK. He is currently conservator for the fine arts at the the Hotels and resort Bel-Air and the Beverly Hillsides Hotel and also Bungalows in Los Angeles. Jack Shainman Showroom was started in 1984 and also presently embodies musicians like 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 space in Tribeca. Friday’s suit did certainly not information the arts pieces Jack Shainman Picture had consigned to Hedges as well as his picture, keeping in mind merely that both were meant to market these jobs to collection agencies.
According to the satisfy, Hedges as well as his gallery “maintained as well as utilized those funds for their personal reasons and perk.”. ” Hedges Projects is made blue to learn about the claim filed by Jack Shainman Picture,” the picture stated in a statement. “Hedges Projects and also Port Shainman Gallery have possessed a productive organization partnership due to the fact that 2018.
It is actually unfavorable that Jack Shainman Gallery decided to sue while the events reside in the middle of business agreements. Our experts definitely disagree with the insurance claim, and also plan to assert counterclaims of our personal, if important.”. An agent for Port Shainman Picture dropped to comment.