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Annie Leibovitz's debt still unpaid

September 10, 2009|Associated Press

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 Wednesday.

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.

The deadline to repay the loan passed Tuesday without either party saying what would happen next.

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