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trending_up market schedule Apr 22, 2025 visibility 7 link 7 artists, 1 gallery

sothebys 70 million alberto giacometti 2634149

Sotheby's has secured a $70 million Alberto Giacometti sculpture, *Grande tête mince (Grande tête de Diego)* (1955), for its evening sale of Modern art on May 13 in New York. The bronze bust of the artist's brother Diego is the highest-priced lot known to be offered in the upcoming high-stakes auctions. Consigned anonymously from the collection of late real estate tycoon Sheldon Solow, the work is being sold by the Soloviev Foundation to raise funds for philanthropic activities, including support for the Metropolitan Museum of Art. The sculpture, one of six casts, is described as the only 'richly painted' version and was included in Giacometti's 1956 Venice Biennale presentation.

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article news schedule Jul 25, 2025 visibility 14 link 4 artists

top art collector david geffen sued by estranged husband for breach of contract 1234748265

Entertainment mogul and top art collector David Geffen was sued on Tuesday by his estranged husband, model Donovan Michaels, for alleged breach of contract. The lawsuit, filed in Los Angeles Superior Court, claims Geffen promised Michaels lifelong financial support but cut him off after initiating divorce proceedings. The 33-page complaint describes their relationship as exploitative, comparing it to the plot of "Trading Places." Separately, Geffen is also entangled in a legal dispute with crypto billionaire Justin Sun over an Alberto Giacometti sculpture allegedly stolen and traded as part of a fraud scheme.

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article news schedule May 5, 2025 visibility 5 link 2 artists

amid fraud case collector justin sun reportedly spent 75 m on trump backed crypto firm 1234740625

Justin Sun, the crypto billionaire known for buying and eating Maurizio Cattelan's banana sculpture, is under scrutiny after reportedly spending $75 million on World Liberty Financial (WL), a cryptocurrency firm promoted by President Donald Trump. The investment, revealed by a New York Times investigation on April 28, comes while Sun faces a U.S. Securities and Exchange Commission fraud lawsuit and a separate legal battle with collector David Geffen over an Alberto Giacometti sculpture allegedly stolen from Sun's collection.

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trending_up market schedule May 8, 2025 visibility 10 link 12 artists

justin sun responds david geffen counter response giacometti 2642004

Hong Kong crypto entrepreneur and art collector Justin Sun has filed a new 100-page legal response in his ongoing lawsuit against megacollector David Geffen over Alberto Giacometti's sculpture *Le Nez* (1949/1965). Sun claims his employee Xiong Zihan Sydney stole the $78.4 million artwork—which he bought at Sotheby's New York in 2021—and sold it to Geffen without his knowledge. Geffen counters that Sun is experiencing "seller's remorse" and that the lawsuit is a sham. Sun's latest filing alleges that Geffen paid $2 million "under the table" to dealers David and Cole Tunkl to secure the piece, and reveals that Xiong has been detained in China since February at the Dezhou Detention Center.

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person people schedule May 20, 2025 visibility 11 link 3 artists

mari claudia jimenez art law and advisory withers 1234742515

Mari-Claudia Jiménez, a prominent figure in the international art market and former chairman and president of the Americas at Sotheby's, has joined global law firm Withers to launch Withers Art and Advisory, a hybrid legal-art advisory practice based in New York. The new venture will provide collectors, estates, and institutions with integrated market advice and legal counsel on acquiring and holding art, combining real-time market insight with transactional legal expertise. Jiménez, a barred attorney, has overseen landmark deals including the restitution and sale of five Kazimir Malevich paintings, the $106.5 million sale of Picasso's *Nude, Green Leaves and Bust*, and the record-breaking $922 million Macklowe collection auction.

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