Saturday, July 2, 2022
 

Ovitz Sues Perry Rubenstein Gallery


Prominent art collector, Michael Ovitz, who had a short stint as president of the Walt Disney Co. in the mid-1990s, claimed in the Los Angeles Superior Court lawsuit filed Tuesday that the Perry Rubenstein Gallery improperly sold two of his works by contemporary American painter and photographer Richard Prince.

According to the LA Times,

Ovitz alleges that the gallery represented to him that it sold the 2006 Prince work “Untitled (de Kooning)” in May but withheld proceeds of the supposed sale; and sold Prince’s 1992 work “Nobody’s Home” for less than an agreed upon amount and has not given the collector the proceeds from the deal.

Suing for fraud and breach of contract, Ovitz is seeking the return of the artwork, along with unspecified compensatory and punitive damages.

 

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