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Panel Upholds Dismissal of Suit Over Gauguin Sale

A 3-2 appeals panel has upheld the dismissal of a lawsuit against the owner of the Wildenstein Gallery on claims related to the sale of a painting by post-impressionist Paul Gauguin. In an unsigned ruling, the majority rejected a suit brought by a buyer who paid $11.3 million for “Paysage aux Trois Arbres,” claiming that Guy Wildenstein, whose gallery is on East 64th Street, had issued an inflated estimate for the painting and failed to disclose that he had an interest in it.

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