Sotheby’s News

Sotheby’s Must Face New York Claims It Helped Rich Collector Dodge Taxes

Sotheby’s must face a lawsuit by New York’s attorney general accusing the auction house of fraudulently helping a wealthy art collector dodge millions of dollars of sales taxes, a state judge has ruled. The case concerned purchases by a Sotheby’s …

New York Sues Sotheby’s for Helping Client Escape Sales Taxes on Artwork

Sotheby’s was sued on Friday by New York’s attorney general, who accused the auction house of defrauding the state by helping an important client avoid millions of dollars of sales taxes on art he purchased. Attorney General Letitia James said …

New York Art Gallery Settles Lawsuit Over Fake Rothko

Knoedler & Co, which before closing in 2011 was New York City’s oldest art gallery, has agreed to settle a lawsuit over an $8.3 million sale of a fake Rothko painting, just as its ex-president was preparing to testify at …

Lawsuit Against Sotheby’s Claims $218 Painting Is Actually a $16M Caravaggio

A painting bought by a British naval doctor for 140 pounds ($218) in 1962 may now be worth as much as 10 million pounds if his descendant can prove it’s a Caravaggio. The authenticity of “The Cardsharps” is at the …