Walton-Fisk nuances | Rock Candy

Wednesday, August 25, 2010

Walton-Fisk nuances

Posted By on Wed, Aug 25, 2010 at 1:33 PM

Lee Rosenbaum, in her CultureGrrl Blog today, writes about the judge's slightly murky ruling about what Fisk University can do with its Stieglitz collection — can it still be sold to Alice Walton's Crystal Bridges Museum of American Art in Bentonville? In response to an Association of Art Museum Directors statement on last week's ruling, CultureGrrl writes:

The court, in fact, has not prohibited Fisk from pursuing the $30-million sale of a half-share of its collection—-a transaction that would not just "undermine" but decimate O'Keeffe's written no-sale stipulation. What the court did say in its 21-page decision is that it will not "approve the Crystal Bridges Agreement, as written [emphasis added]." ...
On pages 13-15 of the above-linked decision, the judge clearly delineates the eight changes that she seeks in the Crystal Bridges deal, the first of which involves insuring that the Bentonville, AR, museum does not eventually acquire more than a half-share in the Stieglitz collection, by lending money to Fisk and "obtain[ing] a security interest in the debtor's [Fisk's] undivided 50% interest of the artwork." She warns of the possibility that, if Fisk were to default on such loans, Crystal Bridges could eventually seize 100% ownership of the collection ...

Stay tuned. Will work by Georgia O'Keeffe, Marsden Hartley, Arthur Dove, Charles DeMuth, and John Marin be available for viewing in Bentonville? (We already know there will be a Hartley: "Hall of the Mountain King," one of the first acquisitions announced.)

Tags: , , , , , ,

From the ArkTimes store

Favorite

Comments

Subscribe to this thread:

Add a comment

More by Leslie Newell Peacock

  • Arts Center to reveal architectural plan — finally

    The architectural firm designing the renovated Arkansas Arts Center will reveal its concept at the Arts Center starting with champagne at 6 p.m. and the presentation at 6:30 p.m. Tuesday, Feb. 27. Jeanne Gang, whose Studio Gang Architects of Chicago have been working on the design, and Arts Center Director Todd Herman will preside.
    • Feb 16, 2018
  • Argenta Art Walk: Rex DeLoney, Gary Cawood, Glennray Tutor

    Rex DeLoney's exhibition "The Brotherhood of Color" at Argenta Gallery (413 Main St. in North Little Rock) features mixed media works about the former slaves who served on Pullman Cars at the end of the 19th century. That's one show you won't want to miss at tonight's after-hours art walk in Argenta, 5-8 p.m.
    • Feb 16, 2018
  • 60th Delta exhibition gets a jury of three: Christensen, Hembrey, Young

    A distinguished threesome — Les Christensen, Shea Hembrey and Brian Young — have been tapped by the Arkansas Arts Center to judge the 60th "Delta Exhibition" to run May 25 through Aug. 26.
    • Feb 14, 2018
  • More »

Readers also liked…

  • Arkansas Times Recommends: A Literary Edition

    Arkansas Times Recommends is a series in which Times staff members (or whoever happens to be around at the time) highlight things we've been enjoying this week.
    • Jul 1, 2016
  • Checking in with Hard Pass

    Shayne Gray talks with Mitch Vanhoose and Chad Conder of Hard Pass (formerly Cosby) ahead of the band's album release on July 22.
    • Jul 21, 2016
  • The trailer for Jeff Nichols' 'Loving' looks great

    The latest from Little Rock's Jeff Nichols hits theaters Nov. 4. It's Nichols' telling of the story of Richard and Mildred Loving, whose marriage led to the landmark civil rights case Loving v. Virginia, which ended laws preventing interracial marriage. Ruth Negga's performance as Mildred Loving generated Oscar talk after the film debuted at Cannes.
    • Jul 14, 2016

Most Shared

  • A mayor stands up against freeway widening. No. Not in Little Rock.

    Another booming city, Indianapolis, fights ever wider urban freeways. Meanwhile, back in Little Rock .....
  • In the margins

    A rediscovered violin concerto brings an oft-forgotten composer into the limelight.
  • Donald Trump is historically unpopular — and not necessarily where you think

    My colleagues John Ray and Jesse Bacon and I estimate, in the first analysis of its kind for the 2018 election season, that the president's waning popularity isn't limited to coastal cities and states. The erosion of his electoral coalition has spread to The Natural State, extending far beyond the college towns and urban centers that voted for Hillary Clinton in 2016. From El Dorado to Sherwood, Fayetteville to Hot Springs, the president's approval rating is waning.
  • Arkansans join House vote to gut Americans with Disabilities Act

    Despite fierce protests from disabled people, the U.S. House voted today, mostly on party lines, to make it harder to sue businesses for violating the Americans with Disabilities Act. Of course Arkansas congressmen were on the wrong side.

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation