Art dealer-agent Ben Valenty files Chapter 7 bankruptcy--update
By
Fine Art Registry®
***BEN VALENTY BANKRUPTCY UPDATE*** On December 20, 2011, we informed our members and readers that Ben Valenty of ImaginArt and Elite Art Events filed for Chapter 11 bankruptcy. We now have confirmation that Ben Valenty has also filed personal bankruptcy (specifically, Chapter 7). This is a wake up call and a warning for artists and collectors to perform adequate due diligence before falling prey to art dealers and agents in an unregulated art market. Months before Valenty's bankruptcy
filings, Fine Art Registry had informed Federal law enforcement of the
reports we had received over the last several years concerning Valenty's
deceptive business practices.
A Meeting of Creditors for the Chapter 11 bankruptcy filing of Ben Valenty's company, ImaginArt, is scheduled for January 18, 2012, at 2:30 p.m., at 411 West Fourth Street, Room 1-159, Santa Ana, California, 92701.
The Chapter 7 bankruptcy filing for Valenty is posted below in its entirety.
1 comments:
What comes around, goes around. All darkness will come in to the light. This guy can not save himself, he desperatly needs prayer he has been in the dark far too long.
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