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Art Collections And Collectors

CALIFORNIA | LOCAL
October 16, 2009 | Joel Rubin
The owner of a multimillion-dollar collection of artwork stolen last month has unexpectedly waived the insurance policy he owns to protect the paintings, Los Angeles police detectives confirmed Thursday. The art world was abuzz in early September with word that a series of original works by famed Pop Art icon Andy Warhol had been stolen from the walls of noted art collector Richard L. Weisman's Westside Los Angeles home. In all, 11 brightly colored silk screen paintings were gone -- 10 are portraits of famous athletes and one is of Weisman, 69, who was friends with Warhol and commissioned the series in the late 1970s.
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ENTERTAINMENT
December 16, 1989 | ALLAN PARACHINI, TIMES STAFF WRITER
A major Minneapolis bank that owns one of the most daring and avant-garde corporate contemporary art collections in the United States has decided to sell off hundreds of its most provocative pieces and dismantle "Controversy Corridor," a hallway reserved for especially challenging or disturbing works. The decision by First Bank System Inc. is to take effect by the end of the year.
ENTERTAINMENT
February 22, 1990 | SUZANNE MUCHNIC, TIMES ART WRITER
Actor Kirk Douglas and his wife, Anne, will sell 52 pieces from their art collection in May auctions at Christie's New York. The biggest sale, scheduled for May 16, is expected to bring between $7.5 million and $10.4 million for 19 modern paintings and sculptures. The remaining lower-priced works, to be sold on May 4, 16, 22 and 30, are valued at a total of about $300,000. Douglas has been strongly identified with the art world since he played Vincent van Gogh in "Lust for Life."
ENTERTAINMENT
July 26, 2000 | SUZANNE MUCHNIC, TIMES ART WRITER
In a move that doubles the size of the Laguna Art Museum's small collection and makes it the primary repository of works by a leading early Los Angeles Modernist, the museum has received a gift of 517 works by Peter Krasnow. The donation, from the Los Angeles-based Peter Krasnow Foundation, comprises 177 paintings, 54 sculptures, 386 drawings and an undisclosed amount of funds for an exhibition and catalog of the artist's work, the museum announced on Tuesday.
ENTERTAINMENT
December 2, 1997 | RICHARD COVINGTON, SPECIAL TO THE TIMES
After nearly half a century as one of Europe's preeminent art dealers, Ernst Beyeler is used to getting his own way. The Swiss gallery owner who helped persuade Pablo Picasso to donate one of his constructed sheet-metal guitars to the Museum of Modern Art can be a highly persuasive individual.
ENTERTAINMENT
August 6, 1993 | SUZANNE MUCHNIC, TIMES ART WRITER
A long-smoldering dispute over the treatment of a $30-million collection of Japanese artworks promised to the Los Angeles County Museum of Art by Joe D. and Etsuko Price has erupted in a lawsuit. In a complaint filed on Wednesday in Los Angeles Superior Court, the Prices are seeking the return of an unspecified number of artworks that have been placed on loan at the museum but are not part of the collection they have promised to the museum. They claim that the museum refuses to return the works.
ENTERTAINMENT
February 22, 1990 | ALLAN PARACHINI, TIMES STAFF WRITER
Occidental Petroleum Corp. was accused Wednesday of engaging in a "fraudulent scheme" to "falsify" financial records to artificially lower costs to construct the Armand Hammer Museum of Art and Cultural Center in Westwood. The accusation, filed on behalf of dissident Occidental shareholder Alan R. Kahn, was contained in court papers made public in Wilmington, Del.
ENTERTAINMENT
April 5, 1990 | ALLAN PARACHINI, TIMES STAFF WRITER
Lawyers siding with Occidental Petroleum Corp. and shareholders opposed to a museum for the art collection of company chairman Armand Hammer squared off Wednesday with Occidental arguing the $400 million collection might go to Japanese investors if the project is halted.
CALIFORNIA | LOCAL
October 25, 1989 | ALAN CITRON, TIMES STAFF WRITER
A prominent Beverly Hills art dealer was charged with five counts of grand theft Tuesday in connection with a widening police investigation into art fraud in Los Angeles and Orange counties. Lee Sonnier, former manager of the Upstairs Gallery on Rodeo Drive, was charged with failing to deliver four pieces of art that were sold for about $872,000. Three were works attributed to the Impressionist master Pierre Auguste Renoir and one was a drawing.
CALIFORNIA | LOCAL
August 10, 1988 | WILLIAM D. MONTALBANO, Times Staff Writer
An Italian magistrate investigating the theft of archeological artifacts said Tuesday that he believes at least two archaic Greek sculptures stolen from a site in central Sicily have wound up in the J. Paul Getty Museum in Malibu. Judge Silvio Raffiotta, himself an archeology buff, described the two works as marble statues from the 6th Century BC. He said they were dug up in 1979 by treasure hunters at nearby Morgantina, an important Greek city until its sack by Roman legions in 211 BC.
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