Monday, August 3, 2009

Art Capital Group Sues Annie Leibovitz to Collect on $24 Million Loan

Ian Peck, left, and Baird Ryan of Art Capital Group with art, once collateral, that it now owns.

An art finance company that lent Annie Leibovitz $24 million against the rights to her photographs and properties has filed a lawsuit asking a judge to order her to allow real estate agents into her homes in Greenwich Village and Rhinebeck, N.Y., so they can be sold to pay her debts.

Read more here.

via: nytimes.

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