Wednesday, June 3, 2009

Antanglements

Andy would have loved how much press he keeps getting...15 minutes inflated to 15 years and perhaps 15 centuries. Here's the latest attention grabbing lawsuit.

Warhol Collector Can Pursue Suit, Judge Rules

A collector of Andy Warhol artworks can now pursue claims of fraud and unjust enrichment against a foundation that authenticates the artist’s paintings and prints, thanks to a federal judge’s ruling.

After Joe Simon-Whelan bought a Warhol self-portrait for $195,000 in 1989, it was judged genuine by the Andy Warhol Foundation for the Visual Arts, court papers say. When he resubmitted it before trying to sell it for an anticipated $2 million in 2001 and 2003, it was twice stamped “Denied,” or fake, the filing said. In 2007, he sued the foundation in federal court in New York, asking to represent other buyers of the artist’s works that were judged to be fakes. On Wednesday, the judge refused to dismiss the case and said Simon-Whelan satisfied “the plausibility standard” in alleging illegal trade restraint and monopolization.

And here's one of those necessary products, perfect for going incognito in court when you need to, the influential pop icon, platinum white, "Andy" wig One of those must haves, I guess.

Book Cover

No comments: