Influential Berlin Gallery Peres Projects Placed Under Insolvency

Christian Otto, a Berlin-based attorney, has been appointed as the insolvency administrator for Peres Projects, an influential contemporary art gallery founded by Javier Peres, 53. The Berlin district court placed the gallery under provisional insolvency administration in February, following allegations of financial distress first reported by German outlet Verbraucherschutzforum.The gallery’s Berlin location, opened in 2005, last held an exhibition in February. Its Milan branch has been do