Bloomberg Law
Feb. 5, 2018, 6:04 PM UTC

Sotheby’s Battles N.Y. Art Dealer Over Keith Haring Winning Bid

  • Record $6.5 million price for Keith Haring work is in dispute


  • Collector says auction house backed out of payment plan deal

You can’t walk away from a winning bid.

That’s Sotheby’s message to a New York art collector who allegedly refused to honor his $6.5 million offer for an untitled 1982 Keith Haring painting, a record price for the beloved American pop artist.

[Image (src=https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iOmxchRH_7YE/v1/400x-1.jpg)]

Untitled painting from 1982 by Keith Haring

Photographer: Sotheby’s

The auction house sued Anatole Shagalov in August for $2.13 million -- the difference between his winning bid at the May 2017 auction and the price ...

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