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.
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.
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.
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.
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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