Art Market Monitor

Global Coverage ~ Unique Analysis

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

The de Soles’ Lawyer Makes Their Case in Court

January 26, 2016 by Marion Maneker

Rothko forgery

The de Sole trial to determine whether Ann Freedman and Knoedler Galleries sold fake paintings in good faith or as part of a knowing scheme to defraud buyers opened yesterday with jury selection and the de Sole’s lawyer, Emily Reisbaum, making their case.

Ms. Freedman, she said, had made what Ms. Reisbaum called “suspicious payments” to Ms. Rosales on 28 occasions — cash payments of $9,000, just below the level at which banks must inform the federal government of a large cash transaction. (Addressing that assertion after the court session had ended, Luke Nikas, a lawyer for Ms. Freedman, said that payments to Ms. Rosales were in no way secretive or hidden, adding, “Knoedler recorded every single cash payment to Rosales on its books and records, which were audited by one of the finest accounting firms in the country.”)

Ms. Freedman and Knoedler also provided changing provenances to buyers, Ms. Reisbaum went on to tell the jurors, in an apparent effort to explain where paintings came from.

“There was even a Pollock with a misspelled signature,” she told the jurors.

Trial Begins in Art Forgery Case Against Knoedler Gallery  (The New York Times)

More from Art Market Monitor

  • Vernissage TV: LISTE 2015Vernissage TV: LISTE 2015
  • Wealth-X Puts Global UHNW (Assets of $30m or More) Population at 211,275, Up 6% from 2013Wealth-X Puts Global UHNW (Assets of $30m or More) Population at 211,275, Up 6% from 2013
  • Ceramics and Works of Art Above Boom LevelsCeramics and Works of Art Above Boom Levels
  • Making a Mess of ItMaking a Mess of It
  • DeparturesDepartures
  • How Watercolors Won the WestHow Watercolors Won the West

Filed Under: General

About Marion Maneker

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...