auction house News

Russian Billionaire and Sotheby’s Fight Over ‘The Lost Leonardo’ Painting

Sotheby’s abused its “privilege, power and reputation” to help dupe a Russian billionaire out of millions of dollars as he amassed a world-class art collection, a lawyer for the businessman argued on the first day of a closely watched trial …

Art Dealer to Rich and Famous Faces Millions in Fraud Claims

A high-profile New York art adviser with outposts in Tribeca and London is accused of withholding millions of dollars worth of artwork and cash from her clients, leaving collectors and galleries to line up in a court case to recover …

Stolen Art Returned to Owner Despite ‘Finders Keepers’ Defense

Six paintings that were stolen from a storage unit in the Toronto area are now back in the hands of their owner, the latest recovery from a business that says it has returned stolen works of art that are worth …

Art Dealer Pays $4.2 Million to Settle `Fake’ Old Master Dispute

Art dealer Mark Weiss and his company have paid $4.2 million to settle a lawsuit with Sotheby’s auction house after an Old Master painting he once owned got caught up in a forgery scandal that shocked the art world. Details …