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ARTICLE · 02 NOVEMBER 2011

Andy Warhol Art Authentication Board To Close In 2012

Frankfurt Kurnit Klein & Selz PC
Frankfurt Kurnit Klein & Selz PC
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Frankfurt Kurnit Klein & Selz PC

Frankfurt Kurnit Klein & Selz PC

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The Andy Warhol Foundation recently announced that it will dissolve the Andy Warhol Art Authentication Board early next year.

United StatesMedia, Telecoms, IT, Entertainment
Frankfurt Kurnit Klein & Selz, PC
Frankfurt Kurnit Klein & Selz, PC
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This article first appeared in Entertainment Law Matters, a Frankfurt Kurnit legal blog.

The Andy Warhol Foundation recently announced that it will dissolve the Andy Warhol Art Authentication Board early next year. The closure will allow the Foundation, which is financed by the sale of works from the Warhol estate and provides support for artists, galleries and art publications, to focus on its charitable work. Joel Wachs, the President of the Andy Warhol Foundation, stated that the decision "is a matter of priority, and our responsibility to Andy's mission. Our money should be going to artists, not lawyers.

Indeed, the Foundation has incurred substantial legal fees defending some of the Board's authentication decisions. For example, in 2007, filmmaker Joe Simon-Whelan sued the Foundation and the Board. The spark for the lawsuit was a Foundation-authenticated portrait of Warhol that Simon-Whelan had owned since 1989. When the filmmaker tried to sell the portrait

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