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Lawsuit filed over Peter Max Corvettes



Peter Max Corvettes


The Peter Max Corvettes, prior to their transfer to new owners. Photo by Richard Prince, courtesy of Richard Prince Photography.


Last October, we brought you the story of the Peter Max Corvettes, a collection of 36 cars that has proven controversial ever since VH-1 launched a contest to win the lot back in 1989. Now sold to a group of investors and awaiting restoration, the cars continue to be topical; the New York Post , via Corvette Blogger , reports that Peter Max and his agent, Larry Moskowitz, are being sued by two associates over the sale of both the cars and a Peter Max pop art painting.


Jeff Wallner and Kenneth Simmons allege that Max offered them a 10-percent commission to arrange the sale of the 36 Corvettes, all suffering from years of neglect after being stored under suboptimal conditions in a series of New York City parking garages. Though the amount of the sale was not disclosed, Wallner and Simmons are reportedly seeking $1 million from Max and his agent, a sum which also includes money allegedly owed for commission on the sale of Max’s “Statue of Liberty” painting.


An attorney for Wallner and Simmons says the pair has documentation, in the form of texts and emails, to back up their claim that Max enlisted their assistance with both transactions. Max has yet to publicly respond to the suit.


All 36 Corvettes, representing one from each production year from 1953 through 1989, were originally won by Long Island carpenter Dennis Amodeo. Amodeo didn’t keep the cars for long, as Max purchased the collection for an ambitious art project that never materialized. For 25 years, the cars remained in storage, occasionally moved from one urban storage location to the next, with no thought given to their upkeep or preservation. Last June, a group of investors led by Scott Heller purchased all 36 Corvettes from Max, with the intention of refurbishing the cars and selling them, preferably in a single lot, at auction.


Chris Mazzilli, a consultant who advised Scott Heller and his cousin Peter Heller on the purchase of the cars and has been instrumental in their restoration, ensures us that their restoration is on track and “going great.” No date or venue has yet been established for their sale. Look for further updates on the cars as the work progresses.




from Hemmings Daily - News for the collector car enthusiast http://ift.tt/1BDnpM4

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