Thursday, December 26, 2019

Inigo Update

Athena Art Finance has joined the fray:  A Prominent Art-Finance Company Says Embattled Dealer Inigo Philbrick Owes It $15 Million for a Loan He Never Paid Back.

Background here. "Philbrick’s whereabouts are currently unknown and his two former gallery spaces, in Miami and London, have been shuttered. His Miami attorney recently filed a motion to withdraw as counsel, writing that the dealer has 'failed to fulfill his obligations.' The UK High Court has granted requests from three separate plaintiffs to freeze Philbrick’s assets."