Sotheby’s Chairman Domenico De Sole and his wife settled their lawsuit against Knoedler & Co. gallery in New York, ending a four-year legal battle over a fake Mark Rothko painting.
Lawyers for both sides announced the accord Wednesday in Manhattan federal court in the middle of trial, following a Feb. 7 settlement with art dealer Ann Freedman, former president of the gallery. Terms of the latest agreement weren’t disclosed.