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.

Harper’s Bangkok Gallery Opens its Doors, Bringing Western Artists to Thailand

Harper's Bangkok, a new outpost of the New York-based gallery group founded by Harper Levine, opened in late March 2026 on the ground floor of the Siam Pathumwan House building. Its debut exhibition, 'Lost and Found', is a solo show by American artist Joel Mesler featuring 18 new vibrantly colored works, marking his first presentation in Southeast Asia. The gallery is the first major Western commercial gallery to establish a permanent space in Bangkok, joining a rapidly maturing local art ecosystem.

Full extent of Stephen Friedman Gallery's £7.8m debt revealed in filings

Administrators' filings for Stephen Friedman Gallery reveal a total debt of £7.8 million following its closure in February. Three prominent artists—Alexandre Diop, Deborah Roberts, and Kehinde Wiley—are among the unsecured creditors owed a combined £795,000, expected to recover only eight to nine pence per pound. The largest secured creditor is Coutts & Company, owed £3.1 million, followed by Pentland Group with £1.4 million outstanding. The gallery also owes £505,113 to the Pollen Estate for its Cork Street lease, £550,000 to HMRC, and significant sums to shipping and storage firms, including Crozier (£256,470) and Gander & White (£86,772). Art fairs Frieze and Art Basel Qatar are owed £71,227 and £18,763 respectively.

Billionaire Collector Ken Griffin Buys Second Rare Constitution Printing

Billionaire collector Ken Griffin has quietly acquired a second rare first printing of the US Constitution, known as the Van Sinderen copy, through a private deal after it was pulled from a planned Sotheby’s auction in 2022. Griffin, who previously paid $43.2 million at Sotheby’s in 2021 for another copy, now holds the only two copies of the 1787 document still in private hands. The newly acquired document will go on public display starting May 27 at the South Street Seaport Museum in New York, headlining an exhibition titled “The Promise of Liberty” that includes other foundational texts.

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.