Another win for Grosvenor Law in high-profile Gauguin case21 May, 2019 - Business and Entrepreneurs | by Grosvenor Law
In a notable win for Grosvenor Law, the Court of Appeal handed down judgment on 8 May 2019 dismissing an appeal by the foundation of art collector Rudolph Staechelin, which sought to avoid payment of US$10 million to Grosvenor’s client de Pury de Pury LLP. The commission was payable following the US$210 million sale of the Gauguin painting Nafea Faa Ipoipo (When Will You Marry?) in 2015.
Commenting on the successful outcome after a five-year battle between childhood friends, Dan Morrison, Founder and Senior Partner of Grosvenor Law, said:
“We fought a long and difficult legal case and are delighted to have helped our client secure payment of its commission. This case reminds us of the importance and significance of the traditional ways to conduct business deals, which are not forgotten and are rightly recognised by our justice system.”
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