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Larry Gagosian And Ronald Perelman In A New Legal Clash

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After failing to persuade the billionaire collector Ronald O. Perelman to drop his lawsuit over an art deal gone sour, the powerhouse gallery mogul Larry Gagosian switched to attack mode on Friday. He described Mr. Perelman -- his longtime friend, client and business partner -- as a "deadbeat" and "bully" in court papers, saying he should be sanctioned by the judge for bringing the "frivolous" action.

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