Michael Xufu Huang at the X Museum in Beijing. A well-connected art collector, Huang is suing another collector on whose behalf he bought art for a commission, thereby lifting the lid on private deal-making in the art market. Photo: Simon Song
Michael Xufu Huang at the X Museum in Beijing. A well-connected art collector, Huang is suing another collector on whose behalf he bought art for a commission, thereby lifting the lid on private deal-making in the art market. Photo: Simon Song
Art

Chinese art collector’s US$1.3 million lawsuit lifts the veil on back-door contracts for purchase and resale of coveted artworks

  • Michael Xufu Huang, a well-connected Chinese art collector and museum founder, bought art for another collector under a deal that fell apart, a lawsuit claims
  • The suit has shone a spotlight on private deal-making in the art market and has seen the defendant’s lawyers accuse Huang of being an ‘art flipper’

Topic |   Art
Michael Xufu Huang at the X Museum in Beijing. A well-connected art collector, Huang is suing another collector on whose behalf he bought art for a commission, thereby lifting the lid on private deal-making in the art market. Photo: Simon Song
Michael Xufu Huang at the X Museum in Beijing. A well-connected art collector, Huang is suing another collector on whose behalf he bought art for a commission, thereby lifting the lid on private deal-making in the art market. Photo: Simon Song
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