Art collector swaps daughter for Hirst sculptures
‘Kapernekas has agreed to drop the federal suit and claims on the [Damien] Hirsts in exchange for: custody of their daughter’
Lindsay Pollock, Henkel Heir, Mistress Settle Suit on $48 Million in Two Hirst’, Bloomberg.com, 10 November 2009
Read more: http://www.bloomberg.com/apps/news?pid=20601088&sid=alQmEIzf2VtM
Explanation: Venetia Kapernekas, the former ‘mistress’ of art collector, Udo Fritz-Hermann Brandhorst, filed a lawsuit against him claiming a financial interest in two sculptures by Damien Hirst. She later dropped the federal suit in exchange for: $100,000 + a trust of $500,000, a Manhattan apartment worth $5m, $5,000 p/m child support, $640,000 legal expenses… oh and custody of her daughter.
In February she had tried to sell an Andy Warhol painting, which Brandhorst had given his daughter.
AW: I am so astonished by all this that I’m scared I’ve got the facts wrong or misinterpreted them. Check out the article for the full story.
