Even though they’re down to 50 pages today, the Los Angeles Times finds so little news to report that they can run the same story more than once — something that happens when you lay off enough editors.
Or maybe they just think that New York-based photographer Annie Liebovitz’s troubles are so important to us in Los Angeles that they want to make special-sure that we see the story.
First, assuming that you’re reading the paper front-to-back, and not just jumping to the Sports section, we turn to the Business section; in the “Briefings” catch-all column:
Leibovitz still owes, suit says
Photographer Annie Leibovitz is facing new accusations of not paying her bills less than a month after she struck a deal that was supposed to have resolved her financial problems.
Investment firm Brunswick Capital Partners sued the celebrity photographer Friday in a Manhattan court for failing to pay at least $315,000 in fees it claims are due as part of her financing deal with the private-equity firm Colony Capital.
Brunswick entered into an agreement with the two parties in February 2009 to seek “strategic financing” for the photographer, it said Friday in a lawsuit in New York State Supreme Court in Manhattan.
In exchange for a $50,000 initial retainer and weekly $10,000 payments, Brunswick worked “exhaustively” to obtain a list of lenders for Leibovitz that included Colony, Brunswick said in the suit.
Leibovitz, 60, was sued in July by a creditor, Art Capital Group Inc., which accused her of reneging on a sales agreement connected with a $24-million loan. She settled that case in September.
Colony settled Leibovitz’s debt with Art Capital Group on March 8 and announced “a new partnership” with the photographer.
The Calendar section has a similar catch-all column, called “Quick Takes”, from which we learn — again, today:
Firm wants fees from Leibovitz (AP)
Photographer Annie Leibovitz was sued by Brunswick Capital Partners LP, a Manhattan-based investment firm, for failing to pay at least $315,000 in fees it claims are due as part of her financing deal with private-equity firm Colony Capital LLC.
In a lawsuit filed April 2 in New York State Supreme Court in Manhattan, Brunswick said it entered into an agreement in February 2009 to seek “strategic financing” for her.
In exchange for a $50,000 initial retainer fee and an additional weekly $10,000 retainer payments, Brunswick obtained a list of lenders for Leibovitz, Brunswick claims in the complaint. Brunswick also alleges it’s entitled to a 2% “success fee” stemming from Leibovitz’s deal with Colony Capital.
A spokesman for Leibovitz wasn’t immediately available for comment.