Art Investment

"Sotbis" all-таки have to sue Rybolovlev in USA

Rybolovlev filed by the auction house sued for $380 000 000 as a compensation of loss incurred in transactions with your Advisor Bouvier. It turned out that Sotheby's was accompanied by more than a third of his ill-fated deals with art

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#BREAKING : - L AS #Monaco en danger - Dimitry #Rybolovlev, le propriétaire du club monégasque, a été placé en garde à vue ce mardi - Il est suspecté de corruption, trafic d influence actif et passif et complicité de ces délits - Pas le meilleur des contextes pour le club du Rocher avant d affronter le FC #Bruges pour le compte de la 4ème journée de #LDC - Affaire à suivre

the Publication of THINK FOOTBALL (@thinkfootballl)

the Applicant believes that the auction knew at what prices paintings are bought and resold. But did nothing, and thereby "made the fraud possible."

, Sotheby's tried to block the process on the grounds that a similar lawsuit is already underway in Switzerland. Therefore, parties will be uncomfortable to participate in the process in the United States. But the judge in the Manhattan court did not agree that in Geneva more convenient than in new-Йорке. Where, by the way, apartments "Sotheby's".

Even before the litigation with "Sambisa" billionaire Rybolovlev began the prosecution of his former art-консультанта, the dealer and the "king Freeport" Yves Bouvier. Proceedings against him were opened in France, Switzerland, Monaco and Singapore. Rybolovlev believes that Bouvier inflicted damage amounting to around $1 billion with the purchase of 38 works of art at inflated prices. And 14 of the 38 transactions were part of the "Sotheby's".

Sources: artsy.net, artguide.com, reuters.com


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