After yesterday’s original deadline passed for acclaimed photographer Annie Leibovitz to repay the $24 million loan she obtained last year, she and lender Art Capital Group are reportedly in negotiations to resolve the legal dispute.

  • “Fine Art and intellectual property;”
  • Manhattan townhouses in the West Village; and
  • Country home in upstate New York

A perfect storm of hefty mortgage payments on multiple properties, outstanding tax liens and unpaid bills led Leibovitz to take out the loan last year.

  • Sales Agreement, between Annie Leibovitz, et al. and American Photography, LLC (Dec. 17, 2008)
  • Lawsuit Art Capital Group vs. Annie Leibovitz, et al. (Jul. 29, 2009)
  • Annie Leibovitz still in talks to try to keep photography portfolio, New York houses, New York Daily News (Sept. 9, 2009)
  • Annie Leibovitz, Creditors in Settlement Talks, ABC News (Sept. 9, 2009)
  • Annie Leibovitz faces loan, Reuters (Sept. 8, 2009)
  • Annie Leibovitz: Subprime Borrower, by Feliz Salmon, Reuters (Jul. 30, 2009)

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