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morning links october 8 2025 1234756018

Tate has announced an ambitious plan to build a £150 million ($201 million) endowment by 2030, launching the Tate Future Fund in June with over £43 million ($58 million) pledged. The initiative, unveiled at a high-profile gala that raised £1 million ($1.34 million), has sparked debate across the UK museum sector about the viability of endowment models for long-term sustainability. Meanwhile, the Baltic Centre for Contemporary Art in Gateshead launched a £10 million ($13 million) endowment, bolstered by a gift from musician Sting, and other UK museums like the British Museum and V&A have quietly built similar reserves. In a separate story, Matthiesen Gallery has filed a lawsuit in US District Court against convicted fraudster Thomas Austin Doyle, artist Shalva Sarukhanishvili, Jill Newhouse Gallery, and art collector Jon Landau over the alleged mishandling of Gustave Courbet's painting *Mother and Child on a Hammock* (ca. 1844), claiming fraud and breach of contract after the painting was sold far below its market value.

morning links october 8 2025 1234756018

Tate has announced an ambitious plan to build a £150 million ($201 million) endowment by 2030, launching the Tate Future Fund in June with over £43 million ($58 million) pledged. The initiative, which raised £1 million ($1.34 million) at a high-profile gala, has sparked debate across the UK museum sector about the viability of endowment models for long-term sustainability. Meanwhile, the Baltic Centre for Contemporary Art in Gateshead launched a £10 million ($13 million) endowment bolstered by a gift from musician Sting, and other UK institutions like the British Museum and V&A have quietly built similar reserves. In a separate story, Matthiesen Gallery has filed a lawsuit in the US District Court for the Southern District of New York against convicted fraudster Thomas Austin Doyle, artist Shalva Sarukhanishvili, Jill Newhouse Gallery, and art collector Jon Landau over the mishandling of Gustave Courbet's *Mother and Child on a Hammock* (ca. 1844), alleging fraud, breach of contract, and sale far below market value.

con artist charged for fraudulent sale of courbet painting 1234764258

American con artist Thomas Doyle, 68, has been charged with wire fraud for allegedly defrauding London gallery owner Patrick Matthiesen over a Gustave Courbet painting. Doyle claimed to manage a family trust with billions in assets and offered to broker the sale of Courbet's 1844 oil painting *Mother and Child on a Hammock* without commission. Instead, he delivered the work to his partner Shalva Sarukhanishvili, who sold it to Jill Newhouse Gallery for $115,000; the gallery then resold it to collector Jon Landau for $125,000. Matthiesen received no proceeds and filed a lawsuit against Doyle, Sarukhanishvili, Jill Newhouse Gallery, and Landau. Doyle has a prior fraud conviction involving a Corot painting and was described by a judge as a "career criminal."

matthiesen gallery lawsuit jill newhouse jon landau courbet 1234755812

The Matthiesen Gallery in London has filed a lawsuit in the Southern District of New York alleging fraud, breach of contract, and other counts over a Gustave Courbet painting, *Mother and Child on a Hammock*. The gallery claims that Thomas Austin Doyle, a convicted con man, orchestrated a scheme to defraud director Patrick Matthiesen, selling the painting—valued at $650,000—through artist and dealer Shalva Sarukhanishvili to Jill Newhouse Gallery for $115,000, which then sold it to top collector Jon Landau for $125,000. The lawsuit also names Landau, who allegedly viewed the work multiple times at TEFAF fairs knowing its retail price, yet refuses to return it. Doyle has a long criminal history, including prior convictions for art fraud and theft.

matthiesen gallery lawsuit jill newhouse jon landau courbet 1234755812

The Matthiesen Gallery in London has filed a lawsuit in the Southern District of New York alleging fraud, breach of contract, and other counts over a Gustave Courbet painting, *Mother and Child on a Hammock*. The gallery claims that Thomas Austin Doyle, a convicted con man, orchestrated a scheme to defraud director Patrick Matthiesen, selling the painting—valued at $650,000—through artist and dealer Shalva Sarukhanishvili to Jill Newhouse Gallery for $115,000, which then sold it to top collector Jon Landau for $125,000. The lawsuit also alleges Landau viewed the painting multiple times at TEFAF fairs knowing its retail price but now refuses to return it. Doyle has a lengthy criminal history, including prior convictions for art fraud and theft.