CNet Founder Owes Sotheby's $4.4M For Paintings

Law360, New York (March 31, 2010, 3:20 PM EDT) -- Auction house Sotheby's Inc. has won its breach of contract suit against Halsey Minor, founder of CNet Networks Inc., who allegedly reneged on a deal to buy three paintings, including an Andy Warhol.

Judge Barbara S. Jones found Tuesday that Minor owes nearly $4.4 million, plus interest, late charges and legal fees, according to her order in the U.S. District Court for the Southern District of New York.

An art collector who is embroiled in another suit over alleged failure to pay millions on paintings after...
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