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Pinault Isn't the Only One With a Pa...   Artworthy
Oct 19 2007 5:09PM EDT

Salander Update

Larry Salander didn't catch any breaks in court today:

According to the AP, Judge Richard B. Lowe put a kibosh on any sales of art made by the dealer and his Salander-O'Reilly Galleries and ordered Salander's lawyer to change the locks on the Upper East Side townhouse in which his business is housed. It looks like there'll be more suits filed against the embattled dealer, who is accused of selling art that wasn't his to sell and not making payments to a variety of creditors.

Will this trigger a primary market crisis the likes of which the Observer suggested? Here's what Roland Augustine, co-owner of the gallery Luhring Augustine and current president of the Art Dealers Association of America, had to say when asked if the Salander scandal might have any repercussions in the art world at large: "It's such a unique situation in my mind that it is not necessarily indicative of what we see today."


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