Tag Archives: Jane Holzer

$585,000 Bubble Gum Art Deal Blows Up

COURTHOUSE NEWS SERVICE – The renowned art collector Jane Holzer has sued Stephan Stoyanov and his gallery in New York state court for derailing an IRC 1031 “like-kind exchange” of four artworks. Holzer alleges that because Stoyanov bounced a check and failed to pay the third-party intermediary (Gagosian Gallery) for her two relinquished artworks within …