Copyright Holder Permits LOVE Artist Real Estate & Litigation | National

0
20

[ad_1]

Portland, Maine (AP) – Pop artist Robert Indiana’s estate has reached an agreement that maintains a longstanding relationship with the copyrighted Morgan Art Foundation. His iconic 1960s series “LOVE” Officials said Friday to promote and preserve his work.

New York Morgan Art Foundation Maine Star of Hope Foundation, Striving to transform India Island House to Museum To celebrate his work.

While the museum is being formed, the two organizations will work to showcase Indiana art at venues across the country.

“We did a lot of good things, but the litigation overshadowed that,” said Larry Stars, chairman of the Star of Hope Foundation. He said the museum will likely be completed in a few years.

Indiana real estate is worth over $ 80 million Participates in the proceedings Contributed by Morgan Art Foundation. The case was filed the day before. Indiana dies at age 89, May 19, 2018 It is located on Vinalhaven Island, 15 miles (25 km) from Rockland, Maine.

He accused the hermit artist caretaker and art publisher of using Indiana to forge documents – an accusation that was denied. This has led to new and conflicting claims.

Under the agreement, Morgan withdrew the litigation against the Indiana property managers and guardians, but did not withdraw the litigation against the art publisher.

It doesn’t solve either Case brought by the Maine Attorney General Person alleging that an excessive amount of legal costs was paid during the trial. During the proceedings, it was stated that $ 3.7 million had been paid to the four law firms, and the approximately $ 400,000 raised by the real estate representative was redundant.

Indiana has created art for life, but he is best known for his LOVE, written in two letters on a line, oblique “O”.

It has morphed into sculptures around the world and has appeared on US stamps.

The aim is to exhibit such works of art in the home museum that will be created in Former Indiana residence Located in the restored Victorian Odd Fellows Hall in Vinyl Haven. There were also several other properties in Indiana that could be used for museums, art education and artist residence programs, Stars said.

In the meantime, Stars said the Morgan Art Foundation and the Star of Hope Foundation will work together to bring art to people in venues around the world. Most of the $ 80 million real estate listed in court documents belongs to art collections.

“The future of Robert Indiana’s market and legacy is bright. We are delighted that this property has helped to achieve success, ”said James Blanknan, Real Estate Attorney at Rockland.

Link to source Copyright Holder Permits LOVE Artist Real Estate & Litigation | National



[ad_2]

Source link