Legal Opinion
AGB Contemporary A.G. v. Artemundi LLC
District Court, D. Delaware
Decided May 13, 2021No. 1:20-cv-01689Unknown
1Opinion
IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF DELAWARE AGB CONTEMPORARY A.G., : CIVIL ACTION : v. : NO. 20-1689 : ARTEMUNDI LLC. : MEMORANDUM KEARNEY, J. May 13, 2021 A Swiss art dealer approached a Delaware entity to fund the purchase of a Pablo Picasso oil canvas painting last May. The principals exchanged emails detailing material terms in July 2020 confirming the Delaware entity agreed to fund the Swiss art dealer’s purchase for resale. The Swiss art dealer reviewed the Picasso in Geneva before confirming terms by email and voice mail. The Delaware funding entity then reversed…
2Cases cited19 opinions
- Ashcroft v. IqbalSupreme Court of the United States · 2009
- Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
- Atlantic Marine Constr. Co. v. United States Dist. Court for Western Dist. of Tex.Supreme Court of the United States · 2013
- Sandra Connelly v. Lane Construction CorpCourt of Appeals for the Third Circuit · 2016
- The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
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