Salander Files Bankruptcy, Delays Lawsuits

“Lawrence B. Salander, the embattled Manhattan art dealer whose gallery was ordered locked by a State Supreme Court justice last month, filed for Chapter 11 bankruptcy on Friday. Mr. Salander and his Salander-O’Reilly Galleries — which operated from a town house on East 71st Street, around the corner from the Frick Collection — had been facing a barrage of lawsuits alleging that customers or business partners had been defrauded.” The bankruptcy will effectively delay those suits.