A New Jersey appeals court has rejected a challenge by Peter Max, an artist best known for his psychedelic imagery, to a $48.9 million insurance payout for paintings damaged in a flood.

Max, an icon of the 1960s counterculture, claimed an arbitrator’s award was inadequate, but the appeals court rejected his argument, finding that such awards can be overturned only on narrow grounds that weren’t met in the present case.

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