Collector Sasan Ghandehari recently filed a lawsuit against Christie’s, alleging that the auction house did not inform him that a painting by Pablo Picasso was owned by someone convicted of drug-related charges before he purchased the work.
According to the Financial Times, which first reported news of the lawsuit, Brewer Management Corporation (BMC) guaranteed it would buy Picasso’s Femme dans un rocking-chair (1956) for £14.5 million if the artwork piece failed to sell during a Christie’s evening sale in London in February 2023.