New Lawsuits Erupt Against Knoedler Gallery
A $25 million suit was filed over the authenticity of a purported Mark Rothko painting sold by the former Knoedler Gallery.
Two new lawsuits have been leveled against New York's now-defunct Knoedler & Co. Manny Silverman Gallery of Los Angeles and New York dealer Richard Feigen have sued the Knoedler gallery for $1,050,000. They want to be repaid for a three-way transaction initiated by Knoedler in 2000 of a forged Clyfford Still painting.
A second suit brought by Los Angeles collectors Martin and Sharleen Cohen revolves around fakes of Mark Rothko and Willem de Kooning works that the couple wants $475,000 repaid plus interest from Knoedler.
Over a dosen lawsuits have been sparked by a cache of forged modern paintings supplied by Long Island-based dealer Glafira Rosales to Knoedler and other dealers.