Have A Drink, Judge Tells Gallery Owner And Billionaire

Law360, New York (June 5, 2013, 5:30 PM EDT) -- Manhattan art gallery owner Larry Gagosian and billionaire Ron Perelman, who heads MacAndrews & Forbes Holdings Inc., could end their fight over the sale of pricey art if they just had a few cocktails together in the Hamptons, an incredulous New York state judge said Wednesday.

Judge Barbara R. Kapnick said during a hearing in her downtown Manhattan courtroom that she couldn't believe that the high-rolling litigants couldn't put an end to their feud, suggesting that they simply talk it out over a few cocktails while...
To view the full article, register now.