Knoedler in Hot Water Again for Another Alleged Forgery

Bullet Shih Mar, 2012 0
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The NY Post has reported that the once prestigious Knoedler Gallery is heading to the courts again over another alleged forgery.  The painting in question is a purported Mark Rothko work from 1956 that was sold to Domenico and Eleanore De Sole.  The Post writes,

The chairman of Tom Ford’s fashion firm filed a $25 million suit today over claims that he and his wife were duped into buying a counterfeit painting from a prestigious Upper East Side gallery.

Domenico De Sole alleges that Ann Freedman, then-president of the Knoedler Gallery, “induced” him and his wife, Eleanore, into forking over $8.3 million for a purported Mark Rothko canvas in 2004.

Ann Freedman was taken to court last year by hedge fund manager Pierre Lagrange who accused the gallery of selling him a fake Pollock for $17 million in 2007.  It is believed that more lawsuits are on the way.

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