“ANNIE LEIBOVITZ faces new accusations of baulking at bills, less than a month after the photographer struck a deal intended to resolve financial problems that had risked her rights to some of pop culture’s most famous images.
“The investment group Brunswick Capital Partners LP state in a lawsuit that Leibovitz owes more than $US800,000 ($868,700) in fees for its help arranging her financing agreement with another company, Colony Capital LLC. Leibovitz declined to comment.
“The New York-based Brunswick said it had ”made exhaustive efforts” to link Leibovitz with investors who could help her out of a financial hole that had threatened to cost her control of her life’s work.
Leibovitz has photographed figures ranging from Bruce Springsteen to Queen Elizabeth during her 40-year career. Sometimes theatrical, often provocative, her portfolio includes photographs of a nude and very pregnant Demi Moore, and a nude John Lennon cuddling a clothed Yoko Ono, only hours before his death.
Designated a ”living legend” by the Library of Congress, she made but mismanaged a fortune. Last year she was struggling to repay a $US24 million loan. Her three historic Manhattan townhouses and the copyright to all her pictures were on the line…”
Leibovitz faces new financial headache, Jennifer Pelt, AP, Sydney Morning Herald April 7, 2010
