Anatole Shagalov Embroiled in Legal Cases that Reveal Problems of Buying Art with Loans

A series of bitter court battles taking place in New York focus on the fraught issue of buyers defaulting on their art purchases. The cases centre on one art dealer, Anatole Shagalov, and his company Nature Morte (no connection to the Delhi gallery), who is being sued by Sotheby’s and Phillips auction houses…READ MORE