Chinese Restaurateur Hid Warhol Buy, Dining Co. Claims

Law360 (April 5, 2021, 11:29 PM EDT) — a company that is dining operates restaurants around the world said Chinese restaurant mogul Zhang Lan tried to conceal some of her assets in the purchase of artwork by Andy Warhol and Martin Kippenberger, urging a New York federal judge Monday to confirm $142 million in arbitral awards.

La Dolce Vita Fine Dining Co. Ltd., an acquisition arm of CVC Capital Partners, is looking to enforce two awards issued against Zhang and her companies in 2019 related to the sale that is botched of Southern Beauty restaurant string. And also the company that is dining the court to honor it $120 million as a judgment…

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