Art Market Monitor

Global Coverage ~ Unique Analysis

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

Daniel Loeb’s Jeffrey Deitch Problem

April 17, 2014 by Marion Maneker

Deitch

The New York Post is trying to stir the pot in the Sotheby’s board fight by suggesting Daniel Loeb’s role as a trustee at LA MoCA is a liability to his case.

Loeb’s critics argue the MOCA gig isn’t something to brag about. In his three-plus years on the board, the museum experienced a sharp drop-off in fundraising and had to cut its budget. […]

“[Sotheby’s] shareholders ought to take a careful look at the turmoil that occurred while Loeb was on the board,” said one person familiar with the situation. […]

Loeb, who has donated millions of dollars to MOCA, is still a trustee.

“It’s true that Jeffrey is his friend, but his commitment has always been to the institution and to work collaboratively with other board members and the Los Angeles art community,” said a source close to Loeb. “He supports the new director.”

Loeb’s museum board history not a strong case for Sotheby’s  (New York Post)

More from Art Market Monitor

  • Australian Lawyer Stirs Pot with Hearsay Claim that 30% of Works on Australian Art Market Are FakesAustralian Lawyer Stirs Pot with Hearsay Claim that 30% of Works on Australian Art Market Are Fakes
  • Sotheby’s Announces Francis Bacon Double Self Portrait for May Sale in New YorkSotheby’s Announces Francis Bacon Double Self Portrait for May Sale in New York
  • Print the LegendPrint the Legend
  • Steve Martin Comments on Fake CampendonkSteve Martin Comments on Fake Campendonk
  • Sotheby’s Switches CFOs, Says Unrelated to ActivistsSotheby’s Switches CFOs, Says Unrelated to Activists
  • LVMH Foundation Moved the Richter MarketLVMH Foundation Moved the Richter Market

Filed Under: Collectors, Dealers

About Marion Maneker

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

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Restituted Van Gogh Portrait from London Collection to Sell at Christie’s
  • Tony Podesta's Secret Art Buying
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Christie’s to Sell Its First Fully Digital Work of Art in Test of Emerging Market
  • Sotheby's Pulls in a $9m David Hockney for November
  • How to Chant Like an Auctioneer
  • Podcast
  • 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