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Edelman v. Gmurzynska at ABMB

December 3, 2009 by Marion Maneker

Asher Edelman had federal marshals seize art works worth ten times the value of an insurance judgment against Galerie Gmurzynska for a damaged Robert Ryman painting, Lindsay Pollock reports on Bloomberg:

Asher EdelmanThe lawsuit alleged that in 2007 Edelman consigned Ryman’s 1985 “Courier I” to Gmurzynska for sale at Art Basel Miami Beach and was insured for $750,000. The work was returned with a “deep indentation,” or “gouge” according to the lawsuit, and the defendant refused to pay the insured value.

The suit claims an additional $250,000 for “willful conduct of defendant” and “reprehensible motives and such wanton dishonesty as to imply a criminal indifference to civil obligations.” The suit resulted in a default judgment for the plaintiff for about $765,000.Continue Reading

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