Law suits on-going after exhibition delayed for any year
Komar and Melamid
Komar and Melamid
LONDON. A show of portraits through the Russian-American artist Alexander Melamid at Phillips de Pury finally is finally on-going on 26 May following a year’s delay due to legal action.
Entitled “Oh my God”, the show, which continues until 6 June, features 30 painting techniques of subjects from hip-hop stars to priests, rabbis, newly rich Russians and animals. Originally scheduled for May 2009, the show was blocked after having a complaint was bought by two US art investors. As the court cases were on-going sometimes of writing, the agreement at issue expired on 31 March, which meant the show could proceed nevertheless.
The dispute started in 2005 when two Ohio-based collectors, working through a company called Russian Collections, made a $1.2m deal to buy 12 paintings realistic of hip-hop artists from a series Melamid ran. In accordance with court papers, the investors believed they'd resell the paintings for $450,000 each. It seems that few were sold: only two at $300,000 through the Ny Forum Gallery in accordance with Russian Collection’s lawyer Alan Starkoff, although he was quoted saying “there is interest in other works [in the series].”
Melamid countersued, claiming (among other accusations) that Russian Collections had damaged his reputation by showing his operate in Forum Gallery, which in fact had forced him to go to the “prominent international gallery” Phillips working in london to be able to re-establish his reputation. The London paintings will set you back £55,000.
Each party told The Art Newspaper that a settlement had been negotiated, even if this was not concluded sometimes of writing.
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