The New York Times takes an in-depth look at the ongoing court battle between Ronald Perelman and Larry Gagosian, noting the immense legal fees that the collector has racked up (over $3 million) in his ongoing battle over the sale of a Cy Twombly work he claims was fraudulently overpriced, and Gagosian’s subsequent lawsuits over his failure to pay. “Ron Perelman’s disingenuous claims that he is a crusader are nothing more than a cover for the fact that he is a notorious bully with a well-known history of filing meritless litigations who once again won’t pay what’s owed,” says Gagosian’s lawyer, Matthew S. Dontzin.Read more at The New York Times
