Annie Leibovitz Is Going to End Up Losing Her Thumbs
Back in September, Annie Leibovitz "settled" her debilitating debt issues with high-class pawnbroker Art Capital Group. How'd she pull if off? By borrowing $6 million more from them.
Annie Leibovitz Goes Into Fundraising Mode
Photographer Annie Leibovitz came close to losing everything this past fall when she was sued for failing to pay back the $24 million loan that had been extended to her by Art Capital, which had taken her real estate holdings and the rights to her photos as collateral. Leibovitz managed to avert crisis when she …
Art Capital Group Gives Annie Leibovitz a Lifeline
Nearly bankrupt photographer Annie Leibovitz has received an extension from the high-class pawnbroker to whom she owes $24 million —Art Capital Group has dropped their lawsuit against her and refinanced her debt to keep her out of bankruptcy.
Annie Leibovitz Gets a Rainy Day Gift
It was looking pretty bleak there for awhile, but Annie Leibovitz appears to have been rescued from the brink of financial disaster. She's reached a settlement with Art Capital Group over the $24 million loan it provided her last year. Terms of the agreement weren't disclosed, but at least there's only one less Condé…
Why Hasn't Annie Leibovitz Filed for Bankruptcy Yet?
The deadline for Annie Leibovitz to repay her $24 million loan from Art Capital Group passed last night at 11:59 p.m. She didn't (her spokesman says she's trying to "work things out"), but Art Capital is mum. What's going on?
Annie Leibovitz's Financial Doomsday Clock Hits Midnight
Poor Annie Leibovitz can't catch a break! An Italian photographer's suing Leibovitz for allegedly stealing his work and passing it off as her own. Of course, that's hardly the worst thing on her plate right now.
Annie Buys Some Time
There hasn't been much good news for photographer Annie Leibovitz the past few months. But today there is! Leibovitz had been given a deadline of September 8 to respond to a lawsuit that alleged she'd failed to repay a $24 million loan that had been extended to her last year. Yesterday, however, a judge granted her…
What Comes Next for Annie Leibovitz?
As information continues to drip out about Annie Leibovitz's disastrous financial situation, her own personal D-Day is fast approaching. What happens on September 8, when her $24 million pawnshop loan comes due?
Annie Leibovitz and The Other Ken Starr
New York's epic article about Annie Leibovitz in this week's issue is well worth a read, particularly since it sheds a little light on how it is one of the world's highest-paid photographers now finds herself on the brink of financial ruin. (If the only person you'll allow to repair your air-conditioner has to travel…
How Getty Images Screwed Art Capital Group's Deal With Annie Leibovitz
There are new details in Art Capital Group's ongoing legal battle with celebrity photographer/pauper Annie Leibovitz: Art Capital has also sued Getty Images, alleging that the giant photo agency tried to undermine its deal with Leibovitz.
Annie Leibovitz Can't Win
Financially-challenged photographer Annie Leibovitz was sued last week by Art Capital Group, the high-end pawn shop that loaned her $24 million last year in exchange for the rights to her photography collection and her collection of real estate holdings in the West Village and upstate New York. It will be some time…
Annie Leibovitz's Big Money Pit
Annie Leibovitz has been facing serious financial problems for a number of months now. But things took a turn for the worse last week when Leibovitz was served with a suit by the financial firm that lent her $24 million earlier this year, and she now faces the grim prospect she'll eventually have to relinquish control…
The Coming Annie Leibovitz Fire Sale
Annie Leibovitz, perhaps the highest-paid celebrity photographer in the world, is profoundly broke. She hocked every photograph she's ever produced and now the high-end pawnshop that gave her $24 million has filed suit to force her to sell it all.
Another Lawsuit For Leibovitz
Things have gone from bad to worse for photographer Annie Leibovitz. The glorified pawn shop (or "art finance firm," as they prefer to be known) that lent Leibovitz boatloads of money against every photo she has ever taken as well as the value of the real estate she owns in the West Village and upstate New York, has…
The Pawnshop to the Rich and Famous
"Pawnshop" is such a loaded word: It almost immediately conjures up an image of a seedy, fluorescent-lit room with a clerk standing behind bulletproof glass and display cabinets full of tacky gold jewelry. Fortunately, if you happen to be rich, possess a reasonably large collection of art, and you're desperate for…
