Park West Gallery Appraiser Caroline Ashleigh Uncovered ( Part 3 )
The Proof of a Sample of Consignment Deceit
What follows are correct examples of Ashleigh’s sample and method of operation which we’ve found within our individual analysis and from what other folks have offered to Good Art Registry more than a interval of many years.
Victim Gwen Yeaman
The next excerpts are extracted from parts from the Gwen Yeaman grievance. We also talked right with all the victims concerned on this situation. What exactly is posted beneath is only a short introduction into what we all know to get occurred. The entire story is one particular for that document books. Discover how Ashleigh convinces Yeaman to accomplish every one of the perform – like exhaustive investigation and composed reviews to the Indian “bandolier bag” together with other products from the assortment, such as study to the values. Ashleigh then communicates to Yeaman that she [Ashleigh] purchased the bandolier bag herself “on behalf of their [Yeaman and Ashleigh's] partnership” to get a paltry $12,500, then turns all around and consigns it to Christie’s beneath her individual title, Caroline Ashleigh Associates, fairly than the title of your Yeaman/Ashleigh partnership and finally yields a hammer cost of $110,000, at which time Ashleigh totally denies and repudiates her partnership with Yeaman and refuses to share 50% of your proceeds initially agreed to by Ashleigh. A cautious reading of your complete Yeaman lawsuit reveals a lot more surprising allegations.
In the course of June and July 2004, Ashleigh and Yeaman mentioned partnership organization in the course of various phone and e-mail conversations.
Throughout these conversations, Yeaman advised Ashleigh that she had acquired the Zuni Pot, the Navajo Rugs as well as the Gregory artifacts (collectively, the “bailed* artifacts”), as partnership possibilities.
Ashleigh asked Yeaman to ship her pictures with the artifacts in Yeaman’s possession, in order that Ashleigh could show them to possible partnership buyers.
In a very later conversation, Ashleigh advised Yeaman to provide the artifacts to Ashleigh’s house in Michigan simply because, in accordance to Ashleigh, the likely purchasers must see the true products.
Yeaman delivered the bailed artifacts as well as the Lyton’s bandolier bag to Ashleigh’s residence in Birmingham, Michigan on about July 31, 2004.
Ashleigh accepted possession with the bandolier bag and bailed artifacts and had sole custody and possession of them.
When Ashleigh accepted possession with the bandolier bag, she did so on behalf of your partnership [with Yeaman] and for that objective of furthering the partnership’s capability to locate purchasers for that bailed artifacts.
On the time Ashleigh accepted possession of your bandolier bag and bailed artifacts, she knew that Yeaman didn’t personal the bandolier bag or the bailed artifacts.
Ashleigh knowingly or intentionally exerted and continues to exert manage about the bailed artifacts. Ashleigh marketed a number of the artifacts and retained (and retains) possession of other people, realizing she had no authority to perform possibly.
On or about September 8, 2004, CAA, Inc. [Ashleigh] sent the Lyton’s a test from the quantity of $12,500 as proceeds with the sale from the bandolier bag. The Lyton’s accepted the verify. Also on or about September 8, 2004, Ashleigh notified Yeaman that she had bought the bandolier bag on behalf with the partnership.
Ashleigh informed Yeaman that she would consign the bandolier bag with Christie’s on behalf of their partnership. On October 20, 2004, Ashleigh consigned the bandolier bag with Christie’s. Ashleigh instructed Yeaman that she had consigned the bandolier bag on behalf from the partnership. However, Ashleigh now purports to get consigned the bag on behalf of CAA, Inc. [Caroline Ashleigh Associates] On or about January 11, 2005, the bandolier bag marketed at an auction at Christie’s to get a hammer cost of $110,000.00. In spite of Yeaman’s need, Ashleigh refuses to launch Yeaman’s 50% share from the proceeds through the sale with the bandolier bag.
On January 5, 2005, Ashleigh sent Yeaman an e-mail by which Ashleigh purported to repudiate the partnership.
In September 2005, Ashleigh knowledgeable Yeaman that she had marketed about twelve from the twenty-four bailed artifacts [Without finding approval from Yeaman in advance]. The revenue prices of these artifacts had been far much less than the believed ranges supplied by Yeaman in her cultural and historical context reviews for individuals things.
Ashleigh never ever compensated the proceeds or commission from any of these product sales to Esten, LaPresto, Gregory, or Yeaman. [What a shock.]
Ashleigh breached her fiduciary duty of loyalty to Yeaman by, amongst other points, consigning the bandolier bag in her personal identify or on behalf of CAA, Inc. [Caroline Ashleigh Associates], refusing to share with Yeaman 50% from the partnership’s net proceeds through the sale of your bandolier bag as well as the bailed artifacts and refusing to return possession from the bailed artifacts to Yeaman and or Esten, LaPresto, and Gregory [other victims].
Ashleigh’s actions in failing to return the house belonging to Yeaman, Esten, LaPresto and Gregory and her continued protection versus Yeaman’s declare for that return of this house is frivolous, unreasonable and groundless.
[*Bailment or "bailed" will be the non permanent placement of manage more than, or possession of Individual House by 1 individual, the bailor, to the fingers of an additional, the bailee, for any designated objective upon which the parties have agreed. Ashleigh could be deemed the "bailee" for functions of consignment. Ashleigh's many years of possession of clients' consignments will not constitute "temporary placement."]
(Examine the Gwen Yeaman criticism in its entirety right here. See Gwen Yeaman, v. Caroline Ashleigh Caroline Ashleigh Associates, Inc. Situation No. 1:05-cv-0406-LJM-WTL).
The Yeaman situation eventually settled. It appears to be Ashleigh’s method to threaten and also to push litigation, but only to a level. It truly is our opinion that she couldn’t chance heading just before a jury on any certainly one of these lawsuits filed versus her. She typically settles prior to trial as she did in the latest situation this 12 months, totally unrelated to what exactly is referenced on this article, through which Good Art Registry was to testify. The moment Ashleigh realized that High-quality Art Registry was to testify, Ashleigh ran for that hills and swiftly settled the situation.
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