Art Investment

Collector filed a counter lawsuit against Sotheby's

art collector and founder of Cnet Networks Inc. Health Maynor (Halsey Minor) was the chief plaintiff in a group lawsuit filed against one of the largest auction houses - Sotheby's.

the document, 1 October, the Federal Court in San Francisco, where they can see all the facts relating to the case, Maynor and the other plaintiffs to bring charges against representatives of Sotheby's. According to the plaintiffs, members of the auction house utaili information that the paintings were sold collateral cash loan.

In May of this year at auction in New York Health Maynoru were sold for 13.8 million dollars in three works - Edward Hicks (Edward Hicks), Andy Warhol (Andy Warhol) and the Child Hassama Frederick (Frederick Childe Hassam ). In September Sotheby's filed for the collector to court , because he does not pay for purchase, as well as had failed to pay costs and interest.

material produced Catherine Onuchin

Sources: artinfo.com , nytimes.com , bloomberg.com , artinvestment.ru


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