Buyer challenges Christie’s disclosures on a Picasso’s former ownership

Brewer Management sued Christie’s over the 2023 London auction of Picasso’s Femme dans un rocking-chair (Jacqueline). The company alleged that the auction house had not disclosed that a former owner was a convicted cocaine trafficker. It sought to unwind its third-party guarantee agreement and recover its initial payment. Image: the Picasso, via Hyperallergic.
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