Jack Shainman Picture Takes Legal Action Against Collector Jim Hedges for Nearly $300,000

.New york city’s Port Shainman Gallery has sued enthusiast James R. Hedges IV, declaring that he is obligated to pay almost $300,000 for the sales of 19 arts pieces that the gallery had committed to him. The claim, which was submitted in the Supreme Court of the Condition of New York on Friday, declares that Hedges and also his gallery, the Santa Monica– located Hedges Projects, were actually committed these jobs using invoices gone out with in between June 2022 and Might 2024.

Hedges and also his picture are actually accused of being obligated to pay $298,772.72. Hedges has called themself “the best individual for Warhol digital photography,” claiming in his profile that he has the greatest personal collection of photos by the Stand out musician. He has actually curated shows of Warhol’s photos, featuring one in 2020 at Jack Shainman Gallery carried just before the beginning of the pandemic in New york city.

He also presented a marketing program of Warhol’s fine art along with Gagosian gallery in 2022. Relevant Articles. The boy of a collector of self-taught artists, Hedges focused full time on craft starting in 2013, the year that he left the planet of assets financial, according to the Craft Paper.

In addition to accumulating fine art, he has actually acted as a trustee to the Dia Fine Art Base as well as has actually been a patron of the Museum of Modern Art in Nyc, the Aspen Art Gallery in Colorado, and also the Tate gallery system in the UK. He is currently curator for the crafts at the the Hotels and resort Bel-Air as well as the Beverly Hillsides Hotels And Resort as well as Bungalows in Los Angeles. Port Shainman Showroom was actually founded in 1984 as well as currently exemplifies musicians like Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, and also Flower B.

Simpson. In January, the gallery opened a new 20,000-square-foot space in Tribeca. Friday’s legal action did certainly not detail the artworks Jack Shainman Picture had actually consigned to Hedges as well as his gallery, keeping in mind just that the 2 were actually supposed to offer these works to enthusiasts.

Depending on to the satisfy, Hedges and also his picture “kept and also utilized those funds for their very own purposes as well as perk.”. ” Hedges Projects is saddened to learn more about the legal action submitted through Port Shainman Gallery,” the picture said in a claim. “Hedges Projects and also Port Shainman Gallery have had a successful company connection given that 2018.

It is unfortunate that Jack Shainman Gallery determined to file a claim while the celebrations are in the middle of company discussions. We firmly disagree with the case, as well as strategy to declare counterclaims of our personal, if necessary.”. A rep for Jack Shainman Gallery declined to comment.