Was the second customer of the sculpture Koons is suing Gagosyanom for the delay
ARTinvestment.RU   04 мая 2018

The first lawsuit, filed a month ago, made the determination and other "investors" that within a reasonable time not receive your sculpture

destroying people's long-awaited meeting with the art becoming increasingly risky. Just wrote, as claim for delay famous Gagosian sued the financier Stephen Tenenbaum. And now with the similar claim in court turned Hollywood producer Joel silver, who was involved in the production of blockbusters "the Matrix", "die hard" and "Lethal weapon".

In 2014, he signed a contract for the sculpture of Jeff Koons Balloon Venus Hohlen Fels (pastiche on the theme of archaic female statues, known as Venus of Hole Fels) for $8 000 000. The advance amounted to $3 200 000. And the remaining $4 800 000 was to be paid in three equal parts later. Expected delivery time —лето 2017. But in January 2018, the Gagosian gallery has been informed about the postponement in the summer of 2019. And then there was the period up to 2020. Representatives of the gallery explained this complexity with the creation of a digital model. A Hollywood producer was trying to renegotiate, but the gallery isn't made concessions and demanded silver to make subsequent payments on schedule despite late delivery. In case of refusal to pay further gallery threatens not to return the advance agreement is made tough. In the end, the producer of "the Matrix" decided to seek justice in court. American press writes that the Koons lawsuit does not appear, the customer addresses the claim gallery.

: news.artnet.com

What else to read on the topic on AI:
Koons stepped on the tail of the customer;
the Ratings of AI: Now living artists: top sales.



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