Celebrity photographer Annie Leibowitz has apparently gotten more time to find $24 million to repay her creditor, Art Capital Group though it's unclear how much more time she was able to negotiate, according to an Associated Press report.
Leibowitz was supposed to repay Art Capital by Tuesday midnight or lose her ownership of copyrights to all her photographs, past and future. Onerous doesn't begin to describe terms like those but anyone owed $24 million is obviously really serious about getting repaid and so would be taking some fairly significant collateral.
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