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La Dolce Vita Fine Dining Company Limited et al v. Lan et al
Case Number:
1:23-cv-06273
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Firms
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March 14, 2024
PE Firm Says NY Court Can Help Resolve $142M Award Fight
A private equity firm has urged a New York federal court to exercise its jurisdiction over two paintings held by Christie's auction house, including one by Andy Warhol, as the firm looks to seize them to satisfy $142 million in arbitral awards against a Chinese restaurateur.
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July 24, 2023
CVC Capital Unit Demands A Warhol To Enforce $142M Award
An arm of the private equity firm CVC Capital Partners is trying to seize two paintings, including one by Andy Warhol, to satisfy $142 million in arbitral awards that it claims the Chinese restaurateur Zhang Lan has sought to avoid by concealing her assets.