Judge Suggests Parties Settle Ugly Dispute Over Art Valuation Over Cocktails in the Hamptons

A feud between a billionaire art collector and a gallery owner continued in a Manhattan court on June 5, 2013.  The head of Forbes Holdings Inc. & MacAndrews, Ronald Perelman, is suing Larry Gagosian over past art deals.  The case started in September 2012 when both parties filed claims against each other on the same day in the same New York court.  Gagosian accused Perelman of backing out of a $23 Million art deal. Perelman’s suit asserts that Gagosian manipulated art prices and concealed information …

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Singh Fires Back at PGA Tour with Lawsuit Over Deer-Antler Spray Suspension

On May 8, 2013, pro golfer Vijay Singh filed suit against the PGA Tour in New York State Supreme Court for exposing him to “public humiliation and ridicule.”  The suit stems from the Tour’s 12 week investigation into Singh for his use of deer-antler spray.  The Tour dropped its case against on April 30, 2013, citing new information from the World Anti-Doping Agency which said that it no longer prohibits the spray because it only contains minimal amounts of a banned substance, the growth factor …

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Classic Novel at the Center of New Copyright Battle

On May 3, 2013,  “To Kill a Mockingbird” author Nelle Harper Lee sued her former literary agent Samuel Pinkus and agency Veritas Media, Inc., accusing them of deceiving her into handing over the copyright to the book for nothing and wrongfully retaining the related commissions that Lee was entitled to.

The back story is a relatively complicated one: Lee’s complaint asserts that Pinkus took advantage of his father-in-law’s ailing health back in 2002, snagging all the father-in-law’s clients from his literary agency McIntosh & Otis, …

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Mike Tyson Seeks to Punch-Out Former Financial Advisors with Lawsuit

On February 20, 2013, former heavyweight boxing champ Mike Tyson filed a multi-million dollar lawsuit against Live Nation Entertainment Inc. and its subsidiary SFX Financial Advisory Management Enterprises Inc. in California state court.  Tyson’s suit accuses the Defendants of damaging him financially by embezzling more than $300,000.00 from Tyson and his wife, along with providing Tyson false financial advice that ended up costing the former star more than $5 million.

Tyson has had a financial relationship with the Defendants since 2005.  Later, when the boxer …

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