sperone westwater legal dispute closure 1234769268

Sperone Westwater, a 50-year-old New York gallery, closed at the end of 2025 amid a legal dispute between its two co-principals, Gian Enzo Sperone and Angela Westwater. Newly filed court documents reveal governance failures, financial disputes, and allegations of unpaid artists. The petition, filed in New York Supreme Court, seeks judicial dissolution of the corporation and appointment of a receiver, citing irreconcilable divisions and a breakdown in communication between the partners. Financial records show gallery revenue fell from $20 million in 2021 to $3.6 million in 2025, with losses in five of the past seven years.