Art Industry News: Ann Freedman Settles Final Lawsuit Over Knoedler Forgery Scandal

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know this Monday, September 11.

NEED-TO-READ

The Story Behind That Stolen de Kooning – More than 30 years after the painting was cut from its frame at the University of Arizona Museum of Art, authorities are investigating how Willem de Kooning’s newly recovered Woman-Ochre (1955) ended up in the bedroom of a now-deceased New Mexico couple. A leading theory: They stole it simply to enjoy it. (New York Times)

Darren Aronofsky in Hot Water Over Mural  The mother! director has apologized after an advertising agency, Apparition Media, painted over a well-known Sydney mural with an ad for his film without the proper authority. Aronofsky has said he is “embarrassed and furious” and will pay to replace the mural. (BBC)

Ann Freedman Settles Final Lawsuit – The embattled former Knoedler director settled the last of 10 lawsuits against her over the $70 million forgery ring that rocked the art world. The lawsuit was brought by California collector Frances Hamilton White over a fake Pollock. Knoedler and its parent company are still facing two ongoing lawsuits. (The Art Newspaper)

Sterling Ruby Discusses His Latest for Calvin Klein – The art world descended on Fashion Week to see Sterling Ruby’s latest collaboration with designer Raf Simons: a mobile sculpture, Sophomore (2017), created for the designer’s spring 2018 horror-themed fashion show. “Three weeks ago, Raf said, ‘You think you can do it? Can we repurpose the mobile but integrate horror?’” Ruby recalls. (ARTnews)

ART MARKET

Sir Howard Hodgkin’s Collection Hits the Block – More than 350 works from the little-known collection of the late painter will be sold by the artist’s partner, Antony Peattie, at Sotheby’s. Proceeds from the October 24 sale of works by Patrick Caulfield, Sir Peter Blake, and Bhupen Khakhar will be used to execute the painter’s final wishes, “in which he left a lot of money to a lot of people,” Peattie says. (BBC)

Following Hurricane Damage, Art Fairs Cancel – In light of damage caused by Hurricanes Harvey and Irma, ArtMRKT Productions has suspended the 2017 editions of both the Texas Contemporary Art Fair in Houston and the Miami Project fair. Both are expected to resume as normal next year. (Glasstire)

Tala Madani Signs With 303 Gallery – New York’s 303 Gallery now represents the LA-based artist, known for her provocative paintings and video works. Madani had a big year in New York, with works on view at the Museum of Modern Art and the Whitney Biennial. (Press release)

La Biennale Paris Relaunches – The prestigious art fair, which is underway at the Grand Palais through September 17, is evolving under new American management. Formerly known as the Biennale des Antiquaires, the event will now be held annually in an effort to better compete in the crowded art marketplace.