Dia Founders Sue to Block Sotheby’s Sale of Pieces from Collection

November 9th, 2013

Sotheby's, via BloombergThe founders of the Dia Art Foundation have filed a lawsuit against the organization, as well as auction house Sotheby’s, in order to keep the arts organization from selling parts of its collection this month.  The sales, set to take place this week in New York, include works by Barnett Newman, Cy Twombly and John Chamberlain, and are contested by the founders’s claims that the works were intended to remain publicly accessible.  “Dia’s proposed auction of the subject works would remove the works from public access and viewing in direct contravention of Dia’s entire intent and purpose and of plaintiffs’ arrangements and understandings with Dia,” founders Fariha and Heiner Friedrichs say in the complaint.Read more at Bloomberg