Alexander Calder $20M Fraud Lawsuit Dismissed

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In 2010, heirs of sculptor Alexander Calder filed a $20M fraud

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lawsuit against the estate of Klaus G. Perls, his former art dealer. The heirs claimed that Perls wrongly held hundreds of Calder’s artworks, allegedly denying the heirs’ estate millions of dollars and selling Calder fakes behind the scenes.

According to The New York times, last week the New York State Supreme Court dismissed the lawsuit due to lack of evidence. Justice Shirley Werner Kornreich noted the claims were “an incoherent stew of irrelevance and innuendo.”

Information courtesy of The New York Times

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