Longstanding rivalry between two of the world's biggest art dealers broke into open hostilities last week when Manhattan's 110-year-old firm, M. Knoedler & Co., filed suit against its archcompetitor, Wildenstein & Co. Inc., for unfair competition growing out of wiretapping. The suit, filed in Manhattan's Federal Court, charged violation of the Federal Communications Commission Act, asked $500,000 in damages.
Knoedler's suit was an outgrowth of the conviction last December of John G. Broady, Manhattan lawyer and private eye (TIME, Dec. 19), on wiretapping charges. Among Broady's clients: a Wildenstein Vice President, Emmanuel...
To continue reading:
or
Log-In
