LEONARD C. HANNA JR. FUND/CLEVELAND MUSEUM OF ART
The Market
A French court ordered Swiss bank UBS to pay a fine of €3.7 billion (about $4.19 billion) for helping clients dodge taxes. UBS, which is an Art Basel sponsor, said it would appeal. [The Art Newspaper]
Reyes Projects, of Birmingham, Michigan, is becoming Reyes | Finn, taking on dealer Bridget Finn as a partner and moving to a new location in Detroit. [Artnet News]
Collectors
Ted Loos spoke with Felix L.A. co-founder Dean Valentine and his wife, Amy Adelson, about their art collection. “From what I have read, a mortality event almost always lies at the core of some collection mania,” Valentine said. “It certainly was in my case.” [The New York Times]
Cirque du Soleil founder (and ARTnews Top 200 Collector) Guy Laliberté has sold his Beverly Hills home for $5.4 million. His other properties are said to include an “atoll/private island in French Polynesia, a large villa near Ibiza, Spain, a mountaintop compound in Saint-Bruno, Quebec, and a Las Vegas manse.” [Yolanda’s Little Black Book]
Fashion
Matthew Schneier wrote about the debut of the fashion line LBV Care of Joss Sackler, whose designer is the wife of David Sackler, whose family has been accused of fueling the opioid crisis through the sale of OxyContin. [The New York Times]
Joss Sackler was not pleased with the piece, specifically its mention of her husband, and in an open letter to Schneier wrote, “You came to my fashion presentation to review my collection, stop talking about who the men in my life are and review the fucking neon hoodies.” [LBV]
Art in the Expanded Field
Meet Derry Noyes, the United States Postal Service art director who helps place remarkable artworks on stamps. [Artsy]
As part of her show at the Museum of Contemporary Art in Denver, Brooklyn-based artist Amanda Wachob is tattooing select visitors. Her “waitlist is years long, so we have people flying in for the chance to have her work on them,” the museum’s director, Adam Lerner, said. [5280]
Museums
“Kris Jenner and Kyle Richards rubbed elbows with art-world elite at an Aspen Art Museum bash in Colorado.” The event raised $450,000. [Page Six]
Susan Edwards, CEO of the Frist Art Museum in Nashville, gets the profile treatment. [Nashville Tennessean]
Potpourri
Here’s David Salle on the Whitney’s Andy Warhol retrospective. “Andy Warhol combined social and pictorial intelligence in a way not seen in this country since John Singer Sargent,” he writes. [The New York Review of Books]
Barbara Isenberg caught up with Frank Gehry, who is as busy as ever. “From the beginning of my career, the architects who were in my peer group didn’t like what I was doing,” he said. “Then, by luck, I connected with Ed Moses and other artists here.” [Los Angeles Times]
Here’s a brief look at the wide range of ticket prices charged by different art fairs. [ARTnews]