Condos & Princes: Russian dealer sues New York gallery over $3 million art agreement

  • August 26, 2009 15:58

  • Email
Condo's painting "God"

New York - New York’s Luhring Augustine Gallery has been sued by Moscow art dealer Gary Tatintsian for an alleged breach an agreement over a complicated series of transactions involving works by artists George Condo and Richard Prince. According to a complaint filed Aug. 11 in Manhattan, Tatintsian agreed to pay $2.7 million for 12 new Condo paintings at $225,000 each, with an ameded delivery schedule stating the gallery would send two paintings every two months. The Russian dealer says he didn't receive the works on time. Meanwhile, prices for Condo's work have plummeted.

Read more at Bloomberg


  • Email

More News Feed Headlines

Lenfest Hall, facing East toward the Forum (below), the Great Stair Hall (above) - On view- Generation, 1988, Martin Puryear - Steve Hall © Hall + Merrick Photographers, 2021

Philadelphia Museum of Art Opens New Galleries and Public Spaces in Major Renovation

  • ArtfixDaily / May 6th, 2021

On May 7, 2021, the Philadelphia Museum of Art unveils to the public the culmination of two decades of planning, ...

Read More...
Desert X installation view of Zahrah Alghamdi, What Lies Behind the Walls.  2021.  Photography by Lance Gerber.  Courtesy the artist and Desert X.

Take A Virtual Walk-Through of Desert X 2021 in the Coachella Valley

  • ArtfixDaily / May 4th, 2021

After a postponement due to pandemic stay-at-home orders, Desert X 2021 is in its final weeks of a 9-week (to May 16) ...

Read More...
Ackroyd & Harvey, installation of Beuys’ Acorns, at Tate Modern.

British Artists Ackroyd & Harvey Plant 100 Oak Trees Outside Tate Modern

  • ArtfixDaily / May 4th, 2021

In advance of the Tate Modern galleries' reopening (planned for May 17) in London, Beuys’ Acorns is a fresh ...

Read More...
George Bellows' "Polo Crowd"

Bill and Melinda Gates Are Splitting Up. Now What About Their Art Collection?

  • ArtfixDaily / May 3rd, 2021

Bill and Melinda Gates are ending their marriage after 27 years, the couple announced via Twitter on Monday. Noting ...

Read More...

ARTFIXdaily Artwire