Update: The Joe Rowand Art Gallery was vandalized Saturday, Nov. 26, according to a Chapel Hill police report. Two large flower pots were broken, the business' banner sign was torn and the building was spray painted. Damage is valued at $1,100. No arrests have been made. The report is here. policereport.pdf
The Indy redacted some personal information for privacy reasons.
After declaring personal bankruptcy last year, Joe Rowand, former president of the now-defunct Somerhill Gallery, is auctioning 164 pieces from his own art collection Dec. 2–3 at Leland Little Auction and Estate Sales in Hillsborough.
Rowand filed for individual bankruptcy around the time Somerhill declared Chapter 7. The gallery owed artists hundreds of thousands of dollars for their work; this included some pieces that had been sold several years ago but for which the artists were not paid a commission. Meanwhile, according to court records, Rowand was drawing a $15,000 monthly salary from the gallery.
Ironically, Rowand’s personal cache, available online at llauctions.com, contains works by two artists listed as creditors in the Somerhill bankruptcy: Ginny Stanford of California, whom Somerhill owed $13,000, and John Beerman of Hillsborough, $40,000. These assets are not part of the gallery, and thus separate from any corporate legal proceedings.
Now legally absolved of his Somerhill debt through bankruptcy, (although since he didn’t pay the artists, one could question whether he has met the ethical obligation), Rowand has a new gallery on Legion Road in Chapel Hill.
More stories about Joe Rowand:
"After bankruptcy, Joe Rowand opens new art gallery"
"Court documents allege Joe Rowand used Somerhill Gallery as his personal ATM"
"Somerhill bankruptcy saga continues"
"Somerhill Gallery declares Chapter 7, owes more than a quarter-million dollars to artists"
"The art of the steal"