Thursday, June 20, 2019
 

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.

 

Tags:

Comments

No comments so far.
  • Leave a Reply
     
    Your gravatar
    Your Name
     
     
     

     
     
 
Legal

Clancco, Clancco: The Source for Art & Law, Clancco.com, and Art & Law are trademarks owned by Sergio Muñoz Sarmiento. The views expressed on this site are those of Sergio Muñoz Sarmiento and of the artists and writers who submit to Clancco.com. They are not the views of any other organization, legal or otherwise. All content contained on or made available through Clancco.com is not intended to and does not constitute legal advice and no attorney-client relationship is formed, nor is anything submitted to Clancco.com treated as confidential.

Website Terms of Use, Privacy, and Applicable Law.
 

Switch to our mobile site