Friday, August 7, 2020

Christie’s Sued Over Bacon Painting

francis.bacon.jpgVia Reuters:

The owner of a painting by Francis Bacon sued Christie’s auction house on Friday for not living up to a guaranteed $40 million minimum selling price for the Irish-born artist’s piece “Study for Self Portrait.” Weiss Family Art LLC, which owns the 1964 self-portrait, sued Christie’s for breach of contract in a lawsuit filed in Manhattan federal court, seeking damages in an amount to be determined at trial.

The lawsuit said the auction house had agreed to pay a minimum price of $40 million, whether the work sold or not.




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