Asher B. Edelman of Edelman Arts in New York speaks during Art Miami in Miami, on Dec. 3, 2009. Photo: Charlotte Southern/Bloomberg First Department Reverses Summary Judgment in $1M Art Consignment Case Over Frank Stella Artwork
Whether the piece, which is part of Stella's "South African Mine" series, was damaged during the contractual consignment period is a key issue that "remains an issue to be determined at trial," wrote a First Department panel.
January 13, 2022 at 03:12 PM
5 minute read
In a reversal of the trial court, a state appeals court has denied summary judgment to an art finance company and related Manhattan art gallery that claims in a $1 million suit that a Frank Stella piece it transferred to an art dealer on consignment was damaged and then returned after its due date.
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