Loan-Finder Firm Sues Leibovitz for $800K

Photog owes fee for $40M loan: company
By Mary Papenfuss,  Newser Staff
Posted Apr 6, 2010 2:32 AM CDT
Loan-Finder Firm Sues Leibovitz for $800K
FILE - In this Oct. 29, 2009 file photo, U.S. photographer Annie Leibovitz poses for the media, prior to a media tour through her exhibition "Annie Leibovitz - A Photographer's Life 1990 - 2005", at Kunsthaus Gallery in Vienna. Leibovitz has entered into an agreement with a private investment firm to...   (AP Photo/Lilli Strauss, File)

An investment firm that claims it saved celebrity photographer Annie Leibovitz from financial ruin is now suing her for failure to pay the company $800,000 in service and finder fees. Brunswick Capital Partners wasn't paid after finding a private equity group to advance a $40 million loan to bail out the strapped Vanity Fair photog, according to court documents filed in Manhattan. Leibovitz, 60, nearly lost all of her art and the rest of her holdings last year after violating the terms of a $24 million loan, reports Reuters.
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