Lawrence Salander News
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A painting attributed to Sandro Botticelli and valued at $9.5 million may provide some relief to creditors of Salander-O’Reilly Galleries, more than four years after they fell victim to New York’s biggest-ever art fraud.
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His eyes filled with tears, New York art dealer Lawrence Salander kissed his flaxen-haired wife, hugged three of his seven children and was handcuffed and taken into custody.
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In better days, Lawrence Salander lived in a Manhattan townhouse near the Metropolitan Museum of Art and sold paintings from a townhouse near the Frick Collection.
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Extended Stay Inc . said it sees no reason to allow the creditors’ committee to sue now over claims arising from the company’s acquisition in 2007.
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Robert De Niro , testifying in the trial of Leigh Morse , an art dealer employed by Lawrence Salander before his conviction for felony fraud, said he didn’t consent to having proceeds from the sale of his father’s paintings deposited in Morse’s personal bank account.
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Ten days before art dealer Lawrence Salander is scheduled be sentenced to prison for fraud and grand larceny, the contents of his Millbrook, New York, home were liquidated in an oddly festive auction.
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Lawrence Salander, who once sold Old Masters from a lavish Manhattan gallery, faces years pacing the few feet of a prison cell.
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Leigh Morse, the former director of New York’s Salander-O’Reilly Galleries and dealer for actor Robert De Niro, was sentenced to serve weekends in prison for four months and make restitution of $1.65 million for defrauding the estates of artists.
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Rubicon US REIT Inc. is making a last-ditch effort at stopping a noteholder takeover at next week’s plan-confirmation hearing by alleging that the creditors engaged in “shockingly unethical and reprehensible conduct.”
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Leigh Morse , the former director of Salander-O’Reilly Galleries and once an art dealer for actor Robert De Niro , was convicted in a scheme that prosecutors said defrauded the estates of artists including painter Stuart Davis.
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