Christie's Looks To Ditch Suits Over Sandy-Damaged Artwork

Law360, New York (June 18, 2014, 3:41 PM EDT) -- The art storage arm of Christie's on Wednesday urged a New York court to quash a pair of lawsuits brought by insurers who claim the famed auction house's incompetence led to millions of dollars in Superstorm Sandy-related damage to art collections housed in a Brooklyn warehouse.

In oral arguments before New York Supreme Court Judge Saliann Scarpulla, an attorney for Christie's Fine Art Storage Services Inc. took aim at the insurers' claims that Christie's breached storage agreements to house the artwork on the second floor of a storage facility in the Red Hook neighborhood of Brooklyn, which flooded during the massive...

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