London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

Jean-Michel Basquiat | FAE Musée d'Art Contemporain (Sans titre) (Untitled) (1993) | For Sale

An extremely rare original 1993 exhibition poster for a posthumous Jean-Michel Basquiat solo show at FAE Musée d'Art Contemporain in Pully-Lausanne, Switzerland is being offered for sale by Graves International Art. The offset-lithograph poster, featuring Basquiat's untitled 1982 painting, was designed by Pierre Neumann and comes from a private collection in Hamburg, Germany. The listing notes that no other example of this poster has appeared on the secondary market or at auction before, and it is issued unsigned and posthumous.

A War Souvenir for Düsseldorf

Un souvenir de guerre pour Düsseldorf

The Kunstpalast museum in Düsseldorf has acquired a war-related painting by Bordeaux-born artist William Laparra, who was mobilized in 1917 into the French camouflage section during World War I. Laparra served as a brigadier-chief in the 1st group of the 10th Army at the Chantilly workshop, a unit created in 1915 by figures including Eugène Corbin, Louis Guingot, and painter Guirand de Scévola, who developed earth-toned uniforms and painted canvas to conceal artillery from German aircraft.

What Every Collector Should Know About Buying Performance Art

Artsy Editorial explores the complexities of collecting performance art, explaining that ownership typically involves acquiring documentation, scores, or rights to reactivate a performance rather than the live event itself. The article outlines how artists, dealers, and collectors navigate transactions for this ephemeral medium, addressing the challenges of preservation, display, and market value.