Art News: Christie’s Sued over Bacon that Failed to Sell
March 27th, 2009
Francis Bacon, Study for a Self-Portrait, 1964, Via Rawartint
A Florida art collector is suing Christie’s New York, after his Self-Portrait by Francis Bacon failed to sell at auction in November 2008. Christie’s had offered collector George Weiss a minimum guarantee, but allegedly refused to follow through after Weiss consigned the work. The auction house alludes to the collapse of the art market in its defense.
RELATED LINKS
Christie’s Is Sued After Francis Bacon Painting Fails to Sell [New York Times]
Christie’s Sued For $40M Over Francis Bacon Painting [Wall Street Journal]
Christie’s Auction House Sued Over Francis Bacon Guarantee [Bloomberg]
Art Law Blog on the legal battle [Art Law Blog]
March 30th, 2009 at 8:30 am
[...] times call for ridiculous measures: A round-up on the guy in Florida who is suing Christie’s because his Francis Bacon didn’t [...]