Sotheby’s Sues NYC Art Dealer for $2 Million, Alleging Payment Default; Dealer Counters with Fraud Claims
New York — A high-profile legal battle is unfolding as Sotheby’s, the prestigious auction house, has filed a lawsuit against prominent New York art dealer Anatole Shagalov and his company, Nature Morte, alleging failure to pay $2 million for a painting purchased at auction. The case, filed in Manhattan, raises questions about the responsibilities and ethical standards within the bustling art market of New York City. The painting in question, a vibrant piece by the talented artist Keith Haring, was won by Shagalov at a 2017 auction. According to court documents, Shagalov agreed to a … Read more