Tuesday, July 27, 2010

Tatintsian Settlement

The Art Newspaper's Charlotte Burns reports that Moscow dealer Gary Tatintsian's lawsuit against Luhring Augustine gallery has settled:

"Roland Augustine and Lawrence Luhring said the gallery had offered the dealer four new [George] Condo paintings, plus a fifth work which Tatintsian had already agreed to buy, valued at $1.04m in July 2009. The dealer refused this, and took the case to court in August 2009. However, Tatintsian has now accepted the works and dropped the case."