Leading auction house Sotheby’s takes legal hit amidst Rybolovlev-Bouvier battle

Just days after the announcement that Sotheby’s is set to be sold for $3.7 billion to a company owned by French media tycoon Patrick Drahi, the company suffered a bruising legal setback in Manhattan courts. This Tuesday, June 25th, Judge Jesse Furman, of the District Court for the Southern District of New York (SDNY), denied […]

Long-lost Caravaggio could sell for $171 million

In just a few days, a long-lost painting believed to be by the Italian Old Master Caravaggio is set to hit the auction block. Found in the attic of a house in Toulouse in 2014, the painting is copy or a second version of Caravaggio’s c. 1599 Judith Beheading Holofernes. Quickly dubbed the ‘Caravaggio in […]

Artist Dan Lam sues matcha cafe and gallery

A Lower East Side tea shop that doubles as an art gallery called Mamacha has been named in a lawsuit filed on June 6th by Dallas-based artist Dan Lam. The artist claims that Mamacha, which opened in 2018 by Nev Schulman – the creator of MTV’s Catfish – his wife, and photographer Eric Cahan, has […]

Oregon Senator calls for removal of Sackler name at the Smithsonian

Just days after Lonnie G. Bunch III took over as secretary of the Smithsonian Institution, he’d already received a major request concerning the ongoing issues surrounding the Sackler family, their philanthropic giving, and their potential involvement with the opioid crisis. In a letter, US Senator Jeffrey A. Merkley, a democratic representative of Oregon, suggested that […]

Van Gogh’s gun sells for €162,500 at auction

In 1965, a farmer in French village found a rusty old revolver in a field that has since been thought to be the gun that Vincent van Gogh used to shoot himself with. Just yesterday, that very gun was sold to a buyer who phoned into the Auction Art- Rémy Le Fur auction in Paris […]

A-Rod to part with works by Basquiat and Richard Prince

Going…going…gone! Alex Rodriguez, better known to some as A-Rod, is used to hearing those words. The retired professional baseball player is still ranked fourth for record number of career home runs with a whopping 696. On June 27th, though, Rodriguez will be listening out for that phrase in relation to two paintings he’s selling from […]

Art Basel highlights the art trading which takes place in the shadows

Art Basel—the world’s biggest art fair— kicks off this week, with thousands of art lovers expected to descend on the Swiss city for six days of lavish events and art exhibitions. Attendees will be treated to installations from some 4,000 artists, from young Emirati photographer Farah Al Qasimi to Argentinian artist Tomás Saraceno, whose show […]