Legal

Stefan Simchowitz settles lawsuit with artist

Controversial art collector/dealer Stefan Simchowitz and Dublin dealer Jonathan Ellis King have settled their ongoing legal case with Ghanaian artist Ibrahim Mahama. The terms of the settlement, which was reached on May 4, are confidential, but all parties will cover their own legal fees.

The battled stemmed from Mahama’s claims that Simchowitz and King were selling inauthentic artworks in his name. The dealers sued on a number of counts, including breach of contract, fraudulent inducement, commercial disparagement, and unfair competition.

Celebrity L.A. art dealer is held on US$1 million bail

Four years ago, the glitterati descended on the grand opening of Perry Rubenstein’s new art gallery in Hollywood.

Musician Neil Young, movie producer Steven Tisch and artist Shepard Fairey were among the guests who packed into the modernist space marked by its bold charcoal exterior and expansive white interior. The event spoke to Rubenstein’s status as a formidable dealer in the celebrity art world.

But since then, a series of legal disputes has led to a dramatic fall for the veteran art gallerist.