Monday, February 08, 2010

Park West Update

Georgina Adam has the latest in the Financial Times on the Park West gallery lawsuits. The Art Market Monitor comments:

"Adam reports that Park West sells 300,000 works of art each year generating as much as $450m. That’s a huge amount of art. It either explains the number of complaints against the firm–with so many customers there are bound to be some disputes–or mis-representing the value of art is a great business to be in."