Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Edelman Goes After Emigrant

June 22, 2010 by Katherine Jentleson

AAM recently learned that on Friday, Asher Edelman “filed an action against the financially impaired Emigrant Bank.”

The legal trouble between Edelman and Emigrant began in March, when Emigrant sued Edelman over a history of “late payments, missed payments, other defaults and collateral sales,” according to this Reuters report published last month. The report also included the following quote from Edelman, which foreshadows his recent action against Emigrant:

“I have paid the bank what I believe I owe,” said Edelman, who now runs the Edelman Arts modern art gallery on Manhattan’s Upper East Side. “I’m angry. I seldom get angry, but I am.”

Ex-raider Edelman fights back over Giacometti loan (Reuters)

More from Art Market Monitor

  • Edelman v. EmigrantEdelman v. Emigrant
  • Edelman Claims a WinEdelman Claims a Win
  • Ned Kelly Only Bright Spot in Sotheby's Australia OpenNed Kelly Only Bright Spot in Sotheby's Australia Open
  • Complicated CrichtonComplicated Crichton
  • Joaquin Torres-Garcia at Acquavella GalleriesJoaquin Torres-Garcia at Acquavella Galleries
  • Haunch of Venison Gets a VeteranHaunch of Venison Gets a Veteran

Filed Under: Dealers Tagged With: Asher Edelman, Breaking News, Emigrant, Legal

About Katherine Jentleson

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...