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NEW YORK (Reuters) -Sotheby's will pay $6.25 million and adopt reforms to settle New York Attorney General Letitia James' lawsuit accusing the famed auction house of fraudulently helping clients ...
Some of the diamonds may have come from a necklace linked to a scandal that eventually led to Marie Antoinette's death, Sotheby's said. ... with online bidding opening on the auction house's ...
On 2 October 2018, Rybolovlev sued Sotheby's for $380 million, alleging the auction house had "materially assisted the largest art fraud in history" and that Sotheby's "knowingly and intentionally made the fraud possible" because it was aware of how much Bouvier had paid the original sellers of the paintings later purchased by Rybolovlev. [79]
Taubman bought ailing British auction house Sotheby's in 1983, acting as a white knight when the company was threatened by an unwelcome hostile takeover by Marshall Cogan and Stephen Swid of General Felt. [17] [18] He revived the fortunes of Sotheby's, which had been slumping in the 1980s, and took the company public in 1988. His family ...
Sotheby's London auction house had outsourced its cleaning and other support services to Contract Cleaning and Maintenance (London) Limited (CCML). In early 2015, the UVW union initiated a formal trade dispute over low pay, insufficient sick pay, and issues summarised in an Early Day Motion signed by 24 Members of Parliament, highlighting: [156]
A 300-carat necklace, whose diamonds have been linked to a scandal involving the last French queen Marie Antoinette, sold Wednesday for nearly $5 million at a Sotheby's auction in Geneva.
An extremely rare diamond necklace with possible historical links to Marie Antoinette has been sold at auction for nearly $5 million.. On Wednesday, Nov. 13, luxury auction house Sotheby's ...
Thwaytes v Sotheby's [2015] EWHC 36 is an English High Court art law case, concerning the liability in negligence and breach of contract of a leading auction house for the professional opinions and valuations they provide where an interested art historian later has a different opinion affecting its value.