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Tag: Sotheby’s

Sotheby’s shareholders approve $3.7 billion sale to Patrick Drahi

September 6, 2019Leave a comment

Sold to the highest bidder! Yesterday Sotheby’s shareholders approved the astonishing $3.7 billion (£3 billion) sale of the auction house to Patrick Drahi, the billionaire telecoms executive and art collector. Continue reading →

Sotheby’s shareholders attempt to block $3.7 billion acquisition deal

July 26, 2019Leave a comment

Three shareholders have filed lawsuits against Sotheby’s in attempts to stop Patrick Drahi’s acquisition of the auction house. Continue reading →

Telecoms billionaire buys Sotheby’s for $3.7 billion (£2.9 billion)

June 20, 2019Leave a comment

This week French-Israeli telecoms billionaire, Patrick Drahi, bought Sotheby’s auction house for a staggering $3.7 billion (£2.9 billion). Drahi’s purchase returns the auction house to private ownership after 30 years of public trading on the stock market. Continue reading →

Sotheby’s Claude Monet sale

May 16, 2019Leave a comment

On Tuesday evening, a rare oil painting by Claude Monet sold for a record-breaking $110.7 (£85.7 million) at a Sotheby’s sale in New York. Continue reading →

Sotheby’s break sale records for painting by Pre-Modern Female Artist

February 1, 2019Leave a comment

A life-size portrait by Elisabeth-Louise Vigée Le Brun has sold for a staggering $7.18 million (£5.5 million) at Sotheby’s Old Masters sale in New York. Continue reading →

Sotheby’s to sell Schiele painting forcibly sold during WW2

October 16, 2018Leave a comment

A US$12 million (£9 million) painting sold under duress in Nazi-occupied Austria will go under the hammer at Sotheby’s this month. Continue reading →

Russian billionaire sues Sotheby’s for £292 million over alleged art fraud

October 4, 2018Leave a comment

Sotheby’s has vowed to ‘vigorously defend’ itself against a ‘desperate lawsuit’ filed in New York on Tuesday (2 October) by Russian billionaire, Dmitry Rybolovlev, who claims the auction house helped to defraud him over the sale of artworks worth millions. Continue reading →

Jarring claims: Jeddi v Sotheby’s and others

July 23, 2018October 8, 2018Leave a comment

The judgment in Jeddi v Sotheby’s and others handed down in June, determined competing claims to ownership of a £12 million early Islamic rock crystal jar, and provides guidance on agency, bailment and the immediate right to possession. Continue reading →

Chinese artefact found in a shoebox could fetch £610,000

May 24, 2018Leave a comment

The next time you go rummaging in your cupboards, you may like to think twice before carting your unloved bric a brac off to the charity shop in case you are sitting on a goldmine. Continue reading →

Middle East Art Collector takes Sotheby’s to court

May 4, 2018Leave a comment

One of the most prominent collectors of Modern Middle Eastern Art has taken Sotheby’s to court for allegedly misrepresenting the value of an Egyptian sculpture in their sale catalogue. Continue reading →

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