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Art Law Keyed to Gerstenblith, 4th Ed.
De Sole v. Knoedler Gallery, LLC
Citation:
974 F. Supp. 2d 274 (2013)Facts
In the mid-1990s, Glafira Rosales was introduced to Knoedler Gallery through employee Jaime Andrade. Rosales claimed to have access to previously unknown masterworks by abstract expressionist artists, allegedly belonging to an anonymous European Jewish émigré collector who had purchased them directly from the artists with advice from Alfonso Ossorio (later changed to David Herbert). Between the 1990s and 2007, Knoedler sold nearly forty of these paintings for approximately sixty million dollars, earning profits of nearly forty million dollars. The De Soles purchased a purported Rothko in December 2004 for eight point four million dollars after receiving extensive assurances from Freedman about its authenticity and provenance. Howard purchased a purported de Kooning in June 2007 for four million dollars based on similar representations. In 2003, an IFAR report questioned a purported Pollock’s authenticity, but Knoedler continued selling Rosales-related works. In 2011, forensic testing revealed the paintings were forgeries, leading to Knoedler’s closure and multiple lawsuits.
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