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11 Sep 2009 17:48

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Culture: Annie Liebovitz gets a second chance to pay her massive bill

  • In these challenging times I am appreciative to Art Capital for all they have done to resolve this matter and for their cooperation and continued support. I also want to thank my family, friends, and colleagues for being there for me and look forward to concentrating on my work.
  • Famous magazine photographer Annie Leibovitz • Discussing the agreement she made with Art Capital Management to avoid losing ownership to her photography and homes. Leibovitz faced a Tuesday deadline to repay a $24 million loan. The new terms mean she has a new deadline to pay off the loan, but that deadline hasn’t yet been set. • source