March 14, 2024
A private equity firm has urged a New York federal court to exercise its jurisdiction over two paintings held by Christie's auction house, including one by Andy Warhol, as the firm looks to seize them to satisfy $142 million in arbitral awards against a Chinese restaurateur.
July 24, 2023
An arm of the private equity firm CVC Capital Partners is trying to seize two paintings, including one by Andy Warhol, to satisfy $142 million in arbitral awards that it claims the Chinese restaurateur Zhang Lan has sought to avoid by concealing her assets.
April 05, 2021
A dining company that operates restaurants around the world said Chinese restaurant mogul Zhang Lan tried to conceal some of her assets in the purchase of artwork by Andy Warhol and Martin Kippenberger, urging a New York federal judge Monday to confirm $142 million in arbitral awards.