Knoedler Gallery Accused of Selling Fake Rothko Painting
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New York’s defunct Knoedler Gallery was sued by a Liechtenstein-based family trust, which accused the gallery of selling a forged painting by the late artist Mark Rothko for $5.5 million.
The Martin Hilti Family Trust, named for the founder of construction tool firm Hilti AG, alleged in a complaint filed yesterday in Manhattan that the gallery deliberately withheld information about the painting that would have hurt the sale.