A nearly five-year lawsuit over an alleged $30 million art fraud was dismissed by a Manhattan Commercial Division judge Wednesday on statute of frauds grounds.
Justice Shirley Werner Kornreich granted summary judgment to the defendants in Komolov v. Segal, 651626/2011, finding art and antiques dealer Alexander Komolov “lacks any proof of ownership or right of possession superior to defendants” for the art works.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]