Mark Grotjahn sues Dean Valentine for resale royalties
The 1976 California Resale Royalty Act, an unevenly publicized and rarely enforced law, has pitted artist against collector before, as artists have sought to collect the 5% of resale transactions promised them under the law. But a number of lawyers say they can't remember another time in recent years when an artist took a collector to court and the two didn't quickly settle.
Click here for the full story about the lawsuit brought by Los Angeles painter Mark Grotjahn against his one-time collector Dean Valentine, which has been moving through the courts on jurisdictional issues for nearly a year now. Both Grotjahn and Valentine say their prime motivation isn't money but the principles involved. The trial is set for March 6, 2012.
-- Jori Finkel
Image: Mark Grotjahn's "Untitled (Blue Face Grotjahn)," 2005, which in 2008 sold for $1.217 million including a premium at Phillips de Pury, is the highest-priced work sold by Dean Valentine for which Grotjahn is seeking a royalty payment. Credit: Joshua White; image courtesy of the artist