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Case Summary

Spanierman Gallery v. Arnold

Spanierman Gallery v. Arnold and Spanierman Gallery Profit Sharing Plan v. Arnold, Nos. 95 Civ. 4467 and 95 Civ. 4468, (S.D.N.Y. Apr. 3, 1996); Spanierman Gallery Profit Sharing Plan v. Arnold, No. 95 Civ. 4468, (S.D.N.Y. Mar. 27, 1997).

See also: Arnold v. Spanierman, No. 94 Civ. 2501, 1996 U.S. Dist. LEXIS 3775 (S.D.N.Y. Mar. 27, 1996) (affirming jury trial in favor of plaintiff in case involving profit-sharing plan); Arnold v. Spanierman, No. 94 Civ. 2501, 1994 U.S. Dist. LEXIS 17096 (S.D.N.Y. Nov. 30, 1994) (allowing both parties to amend pleadings); Arnold v. Spanierman, No. 94 Civ. 2501, 1994 U.S. Dist. LEXIS 16799 (S.D.N.Y. Nov. 21, 1994) (awarding sanctions to plaintiff).

Précis
In 1995 Plaintiff Spanierman Gallery brought two actions against defendant George K. Arnold. Spanierman Gallery v. Arnold. The first arose from a profit-sharing plan in which the plaintiff bought a half-interest in a painting from the defendant, then claimed that the defendant both inflated the purchase price and did not follow through with sharing sale proceeds. The second action concerned Arnold’s commission in selling a painting to the plaintiff. . . .






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