Many people come to this blog looking for information on Bayo Ogunsanya's case against Robert Langmuir over the Diane Arbus "Hubert's Freaks" photos. As you might remember, Ogunsanya sold the photos to Langmuir, and then claims he was hoodwinked, because Langmuir realized their true value but didn't clue him in. The photos, worth millions, were scheduled for sale at Philip's, but at the last minute, Brooklyn Federal Court blocked the auction.
In October, a motion to dismiss the case was denied. Whille most people who commented felt, basically, "Seller Beware"–that Ogunsanya had no case–the law appears to disagree. If Ogunsanya wins, will it change the way that dealers do business? Read this update from The Art Law Blog.