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Stephen Friedman Gallery Closes, Enters Insolvency Proceedings

02/05/2026

Rumors have been swirling about London’s Stephen Friedman Gallery, especially after ARTnews reported on Tuesday that the gallery had pulled out at the last minute from a coveted spot at the inaugural Art Basel Qatar, which kicked off Tuesday in …

Метки : лондонгалереябанкротствоискусствоновостифридман

Judge Approves $7 B. Purdue Pharma Settlement

11/15/2025

Purdue Pharma‘s years-long saga in the courts may finally be coming to a close. On Friday, federal bankruptcy judge Sean Lane approved the pharmaceutical company’s new deal to settle thousands of lawsuits related to its promotion of the highly addictive …

Метки : purdue pharmasacklerопиоидный кризиссудискусствобанкротство

Federal Judge Denies Motion to Dismiss by Kasseem ‘Swizz Beatz’ Dean in 1MBD Scandal Case

09/30/2025

A federal judge has ruled that music producer and top collector Kasseem Dean, who is better known as “Swizz Beatz,” must remain a defendant in a bankruptcy case related to the high-profile 1MBD scandal. The suit will now head to …

Метки : банкротство1mdbартсудмошенничествоswizz beatz

A Bankrupt Financier s Is Trying to Sell a $36.5 M. Monet to Pay Debt

09/30/2025

Financier George Allen Weiss is seeking to sell Claude Monet’s Nymphéas (1914–17) to help pay down debt, according to recent court filings. The painting, measuring 53 ⅛ by 57 ½ inches, is slated to be sold for $36.5 million to …

Метки : искусствомонезадолженностьаукционсудбанкротство

NeueHouse, a Hot Spot for Art Events, Files for Bankruptcy

09/11/2025

NeueHouse, a high-end workspace where art events are often held, filed for Chapter 7 bankruptcy to liquidate its assets last week and closed all its locations on Friday, September 5. “Although NeueHouse has created an extremely valuable business that is …

Метки : бизнесискусствобанкротствоneuehouseсобытиядизайн

Influential Berlin Gallery Peres Projects Placed Under Insolvency

04/11/2025

Christian Otto, a Berlin-based attorney, has been appointed as the insolvency administrator for Peres Projects, an influential contemporary art gallery founded by Javier Peres, 53. The Berlin district court placed the gallery under provisional insolvency administration in February, following allegations …

Метки : искусствобанкротствогалереяперес projectsкристиан оттосовременное искусство

Founder of Munich’s Bankrupt Galerie Thomas Investigated for Fraud

02/07/2025

Founder of Munich’s Bankrupt Galerie Thomas Investigated for Fraud Raidmund Thomas, the founder of Munich’s long-runningGalerie Thomas, and his daughter Silke Thomas are being investigated forfraud, breach of trust, and delaying insolvency proceedings. Established in 1964 and co-led by Silke …

Метки : искусствомошенничествобанкротствогерманиягалереяраймунд томас

Legal Battle Ends as Price Tower’s $1.4 Million Sale Finalized

01/24/2025

After six months of financial tumult and legal sparring, Price Tower, the only skyscraper designed by Frank Lloyd Wright, is finally changing hands. The 19-story structure in Bartlesville, Oklahoma, will be sold for $1.4 million following a Washington County Judge …

Метки : price towerфрэнк ллойд райтнедвижимостьбанкротствоталсабартлсвилла

Supreme Court Rejects Purdue Pharma Bankruptcy Deal

06/29/2024

The Supreme Court on June 27 voted 5-4 to reject a Purdue Pharma bankruptcy settlement plan. The deal would have shielded members of the Sackler family who owned the beleaguered drug maker from liability regarding civil claims connected to the …

Метки : судбанкротствоpurdue pharmaсаклерсемьялекарствагражданские искимаркетингопиоид

Ace Gallery Founder Douglas Chrismas Convicted of Embezzlement

06/05/2024

Infamous art dealer Douglas Chrismas is facing up to fifteen years in prison after being convicted of embezzling more than $260,000 from the bankruptcy estate of his Los Angeles gallery in 2016. Following a four-day trial, the jury in the …

Метки : скандалхудожественный дилеррастратагалереясудебный процесслицо перед закономбанкротствопр