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Grossman LLP Begins the New Year With Two Significant Victories
01/14/2025Grossman LLP is picking up right where it left off last year, securing two significant victories last week in New York federal and state court art-related disputes.ATTORNEYS: Kate Lucas, Webster D. McBride
CATEGORIES : Art Galleries, Fine Art, Contracts, Firm Update -
Grossman Team Secures Major Victory In Dispute Involving Basquiat Painting at the Center of Inigo Philbrick’s Massive Fraud
10/15/2024After more than four years of litigation, a federal judge has delivered our team a total victory, ruling that our client holds full title to the multimillion-dollar Basquiat painting at the center of disgraced art dealer Inigo Philbrick’s massive fraud.ATTORNEY: Webster D. McBride
CATEGORIES : Art Galleries, Fine Art, Contracts, Grossman LLP, Ponzi Schemes -
Lawsuit Over One-of-a-Kind Album Highlights Challenges Of Collecting Digital Art
08/07/2024A recent dispute over a one-of-a-kind Wu-Tang Clan album highlights some of the potential challenges inherent in ownership of digital art. The suit was initiated by PleasrDAO, an international entity that collects important works of digital media, against disgraced former American pharmaceutical executive Martin Shkreli.
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Navigating VARA and Tricky Contracts:
The Legal Battle Over Mary Miss's “Greenwood Pond: Double Site”07/06/2024A recent federal court decision illustrates some of the challenges inherent in commissioning outdoor environmental artwork; the difficulties parties face in making sure that both the art and their contracts will withstand the test of time; and the limitations of the Visual Artists Rights Act of 1990 (VARA). -
Grossman LLP Notches Another Big Win
03/08/2024
Last week, the Appellate Division of the New York Supreme Court, First Department, issued a unanimous 5-0 decision reversing the trial court’s denial of summary judgment and handing Grossman LLP a total win for its clients in a real-estate litigation that had been pending for over 10 years.
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Associate Maria Angela Brusco Shares Insights From Art Law Institute’s Panel Discussion About Promised Gifts
11/10/2023Grossman LLP associate Maria Angela Brusco recently spoke on a panel at the Art Law Institute of the New York County Lawyers’ Association (NYCLA), focusing on the legal implications of collectors’ promises to make gifts of artworks in the future. Below, she summarizes some key insights from the event.CATEGORIES : Art Galleries, Art Market, Fine Art, Legal Developments, Museums, Contracts, Grossman LLP
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Parties Dispute The Terms Of An Art Insurance Policy
In Litigation Over Destroyed Monets10/12/2023In June of 2022, on the shore of Lake Michigan, a fire destroyed the lake house of hedge fund founder Matthew Halbower and his wife Julie. Now, in a lawsuit pending in federal court, the family’s trust seeks an insurance payout for several valuable artworks destroyed in the fire, including four Monet paintings. The case highlights the complexity of insurance disputes involving fine art. -
Grossman LLP Obtains Summary Judgment on Behalf of Lender Against Former Hedge-Fund Billionaire
05/25/2023Grossman LLP has secured summary judgment dismissing a former hedge-fund billionaire’s claims that our client issued a usurious loan.
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Grossman LLP Obtains Complete Recovery In Contract Dispute Involving the Urgent Manufacture of Medical Gowns in the Fight Against the COVID-19 Pandemic
04/24/2023Grossman LLP has secured a $1.18 million recovery—every dollar of damages sought—following a hard-fought breach-of-contract dispute on behalf of a leading apparel manufacturer hired to produce gowns in the fight against the COVID-19 pandemic.
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Grossman LLP Staves Off Dismissal on Behalf of Italian Art Book Publisher in Contract Action Against Photographer James Nachtwey
12/10/2020At the conclusion of oral argument on December 2, 2020, Commercial Division Justice O. Peter Sherwood upheld Plaintiff Contrasto’s breach-of-contract claims by denying Defendant James Nachtwey’s motion to dismiss the complaint.
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Court Rules On Summary Judgment Motions In Case Over Keith Haring Deal That Fell Apart, Issuing Some Helpful Reminders For Dealers and Collectors
01/17/2020In late December, a New York state court granted summary judgment in a dispute over an art deal that fell apart. The decision is likely to be of interest to many dealers and collectors, as it addresses important contract and agency law issues, against a backdrop of dynamics that are not uncommon in art transactions.
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