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END OF THE LINE Leibovitz Hits Loan Deadline Michael Sohn / AP Photo

Leibovitz Hits Loan Deadline

This is just not Annie Leibovitz's week—and it's only Tuesday. Tuesday is the deadline for her to repay $24 million in loans or risk losing her homes and the rights to a lifetime of photographs. The looming deadline comes after Monday's revelation that she's being sued for copyright infringement. (Italian photographer Paolo Pizzetti has filed a $300,000 suit against Leibovitz over a Lavazza coffee promotional calendar.) It's unclear what, if anything, Leibovitz will do about the debt. But if the photographer does not get a loan extension, lender Art Capital has said nonpayment gives it the rights to her negatives, intellectual property, and homes.

September 8, 2009 10:16 AM


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