Lehman Brothers art collection to be auctioned off

An untitled 2001 work by Julie Mehretu, which will be one of more than 400 works from the collection of Lehman Brothers that will go on sale at auction Photo: AP

The Neuberger Berman and Lehman Brothers Corporate Art Collection is scheduled to be sold in September, pending bankruptcy court approval, the auction house said.

The collection, which Sotheby's says is valued at more than $10 million (£6.9 million), includes works by some of the leading artists of contemporary art, including Damien Hirst, Takashi Murakami, Richard Prince and Julie Mehretu.

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