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Warhol Foundation Lawyers Quash Antitrust Lawsuit

Warhol self-portrait, 1964, was twice rejected by the foundation's authentication board.

ARTINFO, October 24, 2010, 2:28 pm
by Jason Edward Kaufman
Warhol Foundation Lawyers Quash Antitrust Lawsuit
The biggest legal brawl in the art world is coming to a crashing halt

NEW YORK - The closely watched federal lawsuit in which a private collector is suing the Andy Warhol Foundation and its subsidiary Art Authentication Board is about to reach an abrupt and unexpected end. Joe Simon, the London-based American whose 2007 complaint challenges the board’s rejection of the authenticity of the 1964 Warhol self-portrait that he owns, says that he and his lawyer, Seth Redniss of New York, will withdraw from the case at the next hearing, scheduled for November 10 in federal court in the Southern District of Manhattan. A parallel lawsuit in which Redniss is counsel, filed last year by U.S. collector Susan Shaer after the rejection of a self-portrait from the same series, also will be dropped, says Simon.

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