08 Apr 2009

Some breathing room for Annie Leibovitz

Author:

Olivier Laurent

Never a stranger when it comes to making the news for reasons other than art, an update into one of the lawsuits regarding Annie Leibovitz has emerged. Part of the Briese lawsuit against the renowned photographer has been dismissed, according to PDN Pulse.

The lighting rental company Briese USA initially sued Leibovitz for close to $400,000 in April 2008.

Broken down, this amounts to $220,000 in unpaid rental services, over $5,000 for damaged equipment and $165,000 for ‘for failing to deliver enough business to justify the discount rates she was getting’. It is this part of the suit that has been dismissed by Justice Tingling, still leaving the remaining to be solved.

This follows on from Leibovitz borrowing two successive loans amounting to $15,000,000. The huge amount borrowed from Art Capital Group involves putting up the copyright to all of her photographs as collateral; the consequence being the group will gain ownership of all her photographs, including the ones she hasn't yet taken, if unable to pay. Money problems affecting all in trying times it seems.

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