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

.Nyc’s Jack Shainman Picture has actually filed suit collection agency James R. Hedges IV, affirming that he owes virtually $300,000 for the sales of 19 arts pieces that the gallery had committed to him. The case, which was actually submitted in the High court of the State of The Big Apple on Friday, declares that Hedges and also his picture, the Santa Monica– located Hedges Projects, were committed these jobs via invoices dated in between June 2022 and also Might 2024.

Hedges and his picture are indicted of being obligated to repay $298,772.72. Hedges has actually called himself “the best man for Warhol digital photography,” professing in his profile that he owns the biggest exclusive compilation of photographs due to the Stand out artist. He has curated programs of Warhol’s photographs, including one in 2020 at Port Shainman Gallery accommodated just before the start of the pandemic in Nyc.

He likewise organized a selling show of Warhol’s fine art along with Gagosian gallery in 2022. Similar Articles. The kid of a collector of self-taught artists, Hedges focused full-time on art beginning in 2013, the year that he left the world of assets banking, depending on to the Art Newspaper.

In addition to picking up fine art, he has worked as a fiduciary to the Dia Art Groundwork and has actually been a client of the Gallery of Modern Fine Art in The Big Apple, the Aspen Fine Art Gallery in Colorado, and also the Tate museum system in the UK. He is actually presently curator for the arts at the the Accommodation Bel-Air and also the Beverly Hills Hotels And Resort and also Bungalows in Los Angeles. Jack Shainman Gallery was actually founded in 1984 and presently embodies performers such as Lynette Yiadom-Boakye, Kerry James Marshall, Nina Chanel Abney, as well as Flower B.

Simpson. In January, the gallery opened a brand new 20,000-square-foot space in Tribeca. Friday’s claim carried out certainly not particular the arts pieces Jack Shainman Picture had consigned to Hedges and his picture, noting simply that the two were expected to offer these works to debt collectors.

Depending on to the match, Hedges as well as his gallery “maintained and also made use of those funds for their very own functions and also perk.”. ” Hedges Projects is actually saddened to discover the legal action filed by Port Shainman Gallery,” the picture said in a statement. “Hedges Projects as well as Jack Shainman Picture possess had a successful company connection due to the fact that 2018.

It is unfortunate that Jack Shainman Picture chose to sue while the celebrations are in the middle of service discussions. Our company highly disagree along with the insurance claim, and program to claim counterclaims of our very own, if needed.”. A representative for Port Shainman Gallery declined to comment.