Robert has pointed out an article in the NY Times about the art dealer Lawrence Salander and his Salander-O’Reilly Galleries. A judge has closed the doors of the gallery as dozens of wealthy clients have lined up to sue the high profile art dealer. Everyone from John McEnroe to the landlord of the gallery (RFR Realty) are seeking claims.
In the NY Times report, Lawrence Salander says that the claims have been made by “friends of mine or people I thought were friends, all of whom have always been paid for the pictures I sold for them. I’ve paid my bills for over 40 years in this business and I will continue to.”
Justice Richard B. Lowe III closed the doors of the gallery just before their 580th exhibition, which had a painting attributed to the old master Caravaggio as its centerpiece.
The judge and several lawyers working on the case did a tour of the gallery today, to make sure the art is safe.
“The lawyers and Lowe agreed to permit a gallery employee to regularly inspect the art and to make sure Salander-O’Reilly’s humidifier is working, Mollon said in an interview. The gallery is under 24-hour surveillance by court-ordered private guards stationed outside.” Bloomberg
It is expected that Salander will file for bankruptcy.