May 06, 2026
A disgraced Chinese restaurateur asked a New York federal judge to hold off on allowing a creditor owed about $142 million under arbitral awards to seize two paintings as payment, including an Andy Warhol, while she appeals a court judgment.
April 03, 2026
A New York federal judge cleared the way for units of private equity firm CVC Capital to seek the turnover of two paintings — including an Andy Warhol — that were purchased for over $29 million as they look to enforce $142 million in Chinese arbitral awards over a soured restaurant investment.
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.