Commercial Law Keyed to Lopucki
Weil v. Murray
Mark Murray and an associate traveled to Plaintiffs’ residence and viewed several paintings. Mark Murray viewed and examined a painting titled “Aux Courses” under ultraviolet light. Mark Murray claims to have discussed this painting with Ian Peck. Mark Murray showed this painting to Ian Peck pursuant to a consignment agreement with Plaintiffs. Mark Murray claims that he agreed with Ian Peck that Ian Peck would purchase the painting for $1,225,000 with Mark Murray acting as a broker. Mark Murray then executed a sales agreement with Plaintiffs for the painting in the amount of $1,000,000. Then an art conservator was employed to correct alleged deterioration of the painting. Ian Peck paid for the work. No one paid Plaintiffs. Eventually the painting was returned to Plaintiffs.
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