Friday

Wheeling And Not Art Dealing

The lawsuit between The Project (who has a Los Angeles gallery) and Lehmann boils down to this: Lehmann gave the gallery $75,000 as a loan/investment. In return, the gallery was suppose to give him first right of refusal on artworks shown at the gallery at a 30% discount until that total equalled $100,000. Unfortunately, Lehmann feels that this deal was violated because the Project allegedly didn't give him opportunities to buy paintings from an artist who is on the serious rise. He's suing for a million. For the full story - click the title Irish Art