Thursday, July 20, 2006

"Berry-Hill bankruptcy drags in other dealers"

Martha Lufkin has this update today in The Art Newspaper on the Berry-Hill Galleries bankruptcy proceeding. "Dealers whose pictures were consigned to and sold by Berry-Hill Galleries before it filed for bankruptcy risk losing the proceeds from their sale, unless Berry-Hill can raise enough money to make a first payment to its secured creditor by August 2. "