On February 4 Keno, Inc., the New York City company owned by Leigh Keno, filed a motion for summary judgment against Grace Lu of Great Neck, New York. Keno claims it is owed $133,450.
The case, filed in Supreme Court of the State of New York, County of New York, alleges that Lu purchased approximately 40 works of art from Keno in July 2020 for a total of $178,450. The suit states that Lu paid a partial fee of $45,000 in two installments in 2020 on July 14 ($30,000) and August 15 ($15,000) and “personally acknowledged the debt owed.” She agreed, according to the suit, to repay the remaining $133,450 in equal installments of $33,363 on September 15, October 15, November 15, and December 15. She has allegedly made no further payments under the sales agreement.
Keno is asking for summary judgment in lieu of a complaint, a “speedy and effective means for resolving presumptively meritorious claims.” The invoice, submitted as an exhibit in the case, lists mostly Chinese antiques. At the bottom it notes, “All Sales are Final and Non Revocable.” The most expensive item is described as a “Ming Zitan Table w/ Round Splayed Legs” for $21,000.
Keno and Lu both declined to comment.
Originally published in the April 2021 issue of Maine Antique Digest. © 2021 Maine Antique Digest