Wednesday, May 05, 2010

Minor Update

In a WSJ piece on auction house "no-bid lists," Kelly Crow includes the following updates on Halsey Minor's lawsuits with Sotheby's and Christie's:

1. "[I]n March, a judge in U.S. District Court in New York City ruled in Sotheby's favor, ordering Mr. Minor to pay the auction house $6.6 million, to compensate it for costs involved in revoked agreements and related charges. Mr. Minor appealed the ruling last month and says he plans to pay the $6.6 million, expecting to get it back if the ruling is reversed."

2. "As for the Christie's case, Mr. Minor says it's scheduled for a trial next Monday in San Francisco."