Court Confirms Nearly $1M Award Against Art Dealer In Favor Of Gallery, Trustees

Mealey's (May 19, 2022, 12:37 PM EDT) -- NEW YORK — A New York federal judge on May 18 granted an unopposed petition to confirm a foreign arbitral award against an art dealer worth approximately $1 million for legal fees and arbitration costs that an arbitral tribunal ordered the dealer to pay to an art gallery and several trustees of the estate of artist Louise Bourgeois after the tribunal rejected the dealer’s claim for commissions on a Bourgeois sale....