Pop artist property Robert Indiana Reached a settlement that does not undermine its long-standing relationship with Morgan Authorities said Friday that the Art Foundation, which holds the copyright for his iconic “LOVE” series in the 1960s, promotes and preserves his work.
The New York-based Morgan Art Foundation will work with the Maine-based Star of Hope Foundation. The foundation aims to transform an Indiana island house into a museum for exhibiting and celebrating his work.
“The future of Robert’s market and heritage is bright Indiana The estate is pleased to have contributed to this success, “said James Brannan, a rockland lawyer at the estate, in a statement.
Indiana real estate was involved in a lawsuit filed by the Morgan Art Foundation. The proceedings were filed on Vinalhaven Island, 25 kilometers (15 miles) from Rockland, Maine, at the age of 89, the day before Indiana’s death on May 19, 2018.
It accused the hermit artist caretaker and art publisher of using Indiana to create a fake. The two denied the accusation, which resulted in more and counter-claims. did.
Under the agreement, Morgan withdrew the proceedings against the real estate company and the Indiana custodian, but not against the art publisher.
Also, the proceedings filed by the Attorney General of Maine have not been resolved. The Attorney General alleges that the property paid excessive legal costs during the proceedings. The proceedings alleged that four law firms were paid $ 3.7 million and the approximately $ 400,000 raised by individual real estate representatives was in excess.
Indiana created lifelong art, but he is best known for LOVE, spelled with two letters per line and a tilted “O”.
It has been transformed into sculptures around the world and painted on US postage stamps.
Copyright holder settles in proceedings with LOVE artist real estate New York Indiana Robert Indiana Morgan Maine
Source link Copyright holder settles in proceedings with LOVE artist real estate New York Indiana Robert Indiana Morgan Maine