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Famed photographer Annie Leibovitz risks losing the copyright to her images - and her entire life's work - if she doesn't pay back a $24 million loan by Tuesday.
Art Capital Group, a New York company that issues short-term loans against fine and decorative arts and real estate, sued her in late July for breach of contract.
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NEW YORK - Celebrity photographer Annie Leibovitz was still trying to resolve a dispute with a company that loaned her $24 million - money that she had to repay this week or lose the rights to her life's work, her spokesman said.
The lender, Art Capital Group, sued the 59-year-old Leibovitz in July, claiming she breached an agreement that authorized it to act as the agent in the sale of her photography and real estate.
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Celebrity photographer Annie Leibovitz has won an extension on a $24million loan in a financial dispute that threatened her rights to her famous images, the two sides said in a joint statement Friday.
Leibovitz and the company, Art Capital Group, said the 59-year- old photographer had been given more time to repay the loan. The loan's deadline passed on Tuesday, but both parties had continued to work to try to resolve the dispute.
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Celebrity photographer Annie Leibovitz risks losing the copyright to her images -- and her entire life's work -- if she doesn't pay back a $24 million loan due Tuesday.
The lender, Art Capital Group, sued Leibovitz in July claiming she breached an agreement that authorized it to act as the agent in the sale of her photography and real estate.
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NEW YORK - Photographer Annie Leibovitz has won an extension on a $24 million loan in a financial dispute that threatened her rights to her famous images, the two sides said Friday.
Leibovitz and the company, Art Capital Group, said the 59-year- old photographer had been given more time to repay the loan. The loan's deadline passed on Tuesday, but both parties had continued to work to try to resolve the dispute. Neither party would specify the length of the extension.
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A pair of Pikesville investors may proceed with their lawsuit against two out-of-state golf course developers over a failed plan for a "Sam Snead Golf Trail" in Virginia, the 4th U.S. Circuit Court of Appeals has ruled, vacating in part an April ruling by a federal judge in Baltimore.
Art dealer Aaron Young and Peter M. Rubin, a partner at Atlantic Capital Group, are entitled to a trial on their company PFB LLC's breach of contract claim against Neal E. Trabich of Long Island, N.Y., and Ronald A. Coruzzi of Middletown, Del. -- even though they were repaid their investment with interest and could prove no further damages.
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- Sun Company, Inc. (R&M), a Delaware Corporation; Texaco, Inc., a Delaware Corporation, Plaintiffs--Appellants, v. Browning-Ferris, Inc., a Delaware Corporation; Ark Wrecking Company of Oklahoma, Inc.; Housing Authority for the City of Tulsa; Pedrick Labs; John Doe D/B/a Pedrick Labs; Art Weedin; Beverage Products Corp.; Cowen Construction, Inc.; National Tank, Co.; Peevy Construction Co. Inc.; Monte Shipley; Sun Chemical Corporation; Ozark Mahoning Company; the City of Sand Springs, Oklahoma; Atlantic Richfield Company; Public Service Company of Oklahoma; Bancoff Oil Company; Borg Industrial Group Inc., D/B/a American Container Services; Consolidated Cleaning Service Co. Inc.; Charles Forhan, D/B/a D & W Exterminating; Oil Capital Trash Services, Inc.; Steve Richey, D/B/a Richey Refuse Service; Estate of John D. Shipley, Deceased; Shipley Refuse; Robert E. Sparks, D/B/a Tulsa Industrial Services; Union Carbide Corp.; Waste Management of Oklahoma, Inc., Defendants-Appellees,..., 124 F.3d 1187 (10th Cir. 1997)
John H. Tucker, Rhodes, Hieronymus, Jones, Tucker & Gable, Tulsa, Oklahoma (Robert P. Redemann and Michael F. Smith with him on the brief), for Plaint...
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...-258-2425 Fax: 907-278-8018 Kiewit Building Group Inc. Kevin Welker, Sr. VP/AK 1577C St., Ste. 101 A....7 billion, due to the large FY2011 State capital budget. The main infusion of cash from the America...
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...(104) For instance, in Art Capital Group, LLC v. Getty Images, Inc., the plaintiffs a...
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Suit against golf-course developers revived
A pair of Pikesville investors may proceed with their lawsuit against two out-of-state golf course developers over a failed plan for a "Sam Snead Golf Trail" in Virginia, the 4th U.S. Circuit Court of Appeals has ruled, vacating in part an April ruling by a federal judge in Baltimore. Art dealer Aaron Young and Peter M. Rubin, a partner at Atlantic Capital Group, are entitled to a trial on their company PFB LLC's breach of contract claim against Neal E. Trabich and Ronald A. Coruzzi-- even though they were repaid their investment with interest and could prove no further damages. Under Maryland law, that should not have been reason enough to grant the defendants summary judgment, the panel in held. The court also directed the lower court, in th...