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Artists and Collectors Prepare to Sue Storage Company

Artists and collectors are preparing to sue Momart, the art storage company, for negligence after Monday's warehouse fire in which hundreds of works were destroyed, including many belonging to Charles Saatchi, Nic Fleming reports in The Telegraph. Claims are expected to exceed £50 million ($90 million). Those who lost paintings, sculptures, and installations said they were surprised and angry to learn that artworks worth millions of pounds were kept in a structure that also housed garages with highly explosive gas canisters.

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