Court Considers Airing Sotheby's Private Sales in Bouvier Case
- June 01, 2016 15:20
Following a court hearing in New York on Tuesday, Sotheby's reportedly could open its books on some private transactions with a client in a legal tangle.
However, “Sotheby’s will only produce documents in the event it is ordered to do so by the court,” lawyers for the auction house said.
Billionaire Russian art collector Dmitry Rybolovlev, 49, is seeking sales details for his high-profile lawsuit against Swiss "freeport king" and art dealer Yves Bouvier, whom he accuses of fraud in overly marking up artwork by the millions of dollars.
The New York Post reports that 15 of the 38 artworks that the Russian collector purchased from Bouvier came through Sotheby's.
_-Closing-the-Distance_100x100_c.jpg "Lot 204: Bob Kuhn (1920–2007),Closing the Distance, 1977, acrylic on masonite, 24 x 48 in, Sold: $409,500")
![A 19th century Seven Piece "Chrysanthemum" Pattern Sterling Silver Coffee & Tea Service, which was exhibited in the Tiffany & Co. booth at the 1893 World’s Columbian Exhibition in Chicago](/images/c/78/96/Tiffany___Co__Makers_Seven_Piece_"Chrysanthem100x100_c.jpg "A 19th century Seven Piece \"Chrysanthemum\" Pattern Sterling Silver Coffee & Tea Service, which was exhibited in the Tiffany & Co. booth at the 1893 World’s Columbian Exhibition in Chicago")
