Basquiat Ownership Row Delayed As Injunction Deal Falters

Law360, London (October 13, 2020, 10:07 PM BST) -- The ongoing saga surrounding the ownership of a Jean-Michel Basquiat painting was delayed further on Tuesday after a deal to keep the painting in New Jersey while the dispute moves forward fell apart at the last minute.

Alan Johns QC, sitting as a judge of the High Court, said that investment holding company Satfinance Investments Ltd.'s application for an injunction pending an appeal should be heard by a regular High Court judge as soon as possible after "a surprise change of circumstances" in proceedings over the value of the artwork titled "Humidity."

Satfinance is appealing a May decision barring it from...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!