Gawker reports: Will Annie Leibovitz Be Forced Into Bankruptcy?
Über-photographer Annie Leibovitz was forced to mortgage the rights to all her photographs last year in exchange for $15 million, and she's been the target of multiple creditor lawsuits for not paying bills. Now a source tells Gawker that one of them is preparing to force her into bankruptcy.
Our source got a hold of an involuntary bankruptcy petition drawn up by photo supplier B2Pro, which has sued Leibovitz and Vanity Fair publisher Condé Nast for unpaid bills.
Earlier this year, it was revealed that Leibovitz has pawned the rights to every photograph she has ever or will ever take to Art Capital Group, along with her homes in Rhinebeck, N.Y., and Manhattan. If she pays back the $15 million, she keeps the photos and the houses. If she doesn't, Art Capital gets them.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment