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WYWH: Knoedler Trial Cut Short (Week 3)

Collage from the DeSole v. Knoedler Trial.

By Center for Art Law Team

The disappointment of the De Soles’ settling their case against Ann Freedman on Sunday night (February 7, 2016), paled in comparison with the disappointment of the remaining defendants, Knoedler and 8-31 Holdings, settling with the De Soles on Tuesday afternoon, two days later. Though the settlement seemed like a hugely underwhelming and sudden end to the trial, the parties appear to be satisfied with the results. On Wednesday, February 10, plaintiffs’ counsel told members of the press that the De Soles are “extremely satisfied by this settlement” and happy “to get the truth out and tell their story.” Meanwhile, counsel for Knoedler and 8-31 Holdings called the settlement “fair, reasonable and good.”

Meet the Plaintiff’s Legal Team

Gregory A. Clarick (NYU Law Class 1990), lead counsel for Eleanore and Domenico De Sole, is the founding partner of Clarick Gueron Reisbaum LLP in New York in 2010. Clarick, an AV-rated litigator who has been peer reviewed by top law firm attorneys, specializes in commercial litigation and art, entertainment and intellectual property law. According to the Clarick Gueron Reisbaum LLP website, Clarick and his colleagues represent high profile clients that include entertainment and media companies in addition to collectors in an array of litigation matters.

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Disclaimer: This article is for educational purposes only and is not meant to provide legal advice. Readers should not construe or rely on any comment or statement in this article as legal advice. For legal advice, readers should seek a consultation with an attorney.