After vigorously fighting claims that they knowingly sold a string of fake Abstract Expressionist paintings totalling $60m, the now-defunct Knoedler Gallery and its former director Ann Freedman have quietly settled three of the ten lawsuits brought against them by angry buyers. The settlement terms were not disclosed.
Two of the cases against them, brought in Manhattan federal court, were closed this summer. The Manny Silverman and Richard Feigen galleries settled their suit last Tuesday, August 4.