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All Categories - AuctionLit

Auctioneer Discretion in Reopening the Bidding to Recognize a Timely Tendered Missed Bid

2022年5月3日 · Auction Law,Auction Bidding,Reopen Bidding,Auction,Auction Contract
I was watching another lawyer argue an appeal once, and one of the judges, paraphrasing a point...

Understanding the Risk Associated with the Auction Purchase of the Brady Football

2022年3月24日 · Auction Law,Auction Contract,Auction,Tom Brady Football,Auction Warranties
On Sunday, January 23, 2022, Tom Brady threw a 55-yard touchdown pass to wide receiver Mike Evans...

The Highest Bidder vs. the Luckiest Bidder!And, What about the Seller?

2022年3月9日 · Auction Law,Auction Contract,Bidder,Reopen Bidding,UCC 2-328
I think it’s fair to say that all participants at an auction – the seller, the bidders, and the...

Alex Lyon & Son, Sales Managers & Auctioneers v. Leach: Auction Contracts, Bidder Qualifications, Offer and Acceptance, Waiver, and the Fallacy of Treating All Bidders the Same

2021年12月7日
Does an auctioneer have to treat all bidders exactly the same, in all respects and under all...

Auction Industry “Expert” Claims That All Auctioneers Have a Duty to Inspect Every Lot for Latent, or Hidden, Defects

2020年6月30日 · Auction Law,Auction,disclosure,latent defect,auction expert
Auctioneering is a nuanced and idiosyncratic profession. As with any specialized field, when an...

UCC Article 9 is Not UCC Article 2 -An Attorney’s Thoughts on Context, Credibility, and Commercial Reasonableness in “AS IS” Auction Transactions

2020年6月28日
I’ve been reading social media posts in which a commentator dabbles in uninformed legal theories...

A Lawyer’s Perspective on the AS IS Disclaimer, Pre-Auction Inspections, and the Potentially Embarrassing Consequences of Making Legal Arguments Based on Google Searches and the Straw Man Fallacy by George A. Michak, Esq.        

2020年6月4日 · Auction Law,Online Auction,AS IS,Warranty,Disclaimer
Social media and the Internet are interesting tools. Among other things: they can be used to...

A Legal Perspective on Absentee Bids

2020年4月25日 · Auction Law,Auction Contract,Absentee Bid,Conflict of Interest,Bidder Terms
Within the auction industry absentee bids left with an auctioneer are generally seen – and should...

                  A Legal Perspective on the Gap-Filler Provisions of UCC Article 2 for Auctioneers

2020年4月22日 · Auction Law,Auction Contract,Auction,UCC,2-328
Article 2 of the Uniform Commercial Code (the “UCC”) is a statute applicable to contracts for the...

Can an Auctioneer Sell “AS IS”Without a Preview?

2020年4月17日
“AS IS” – “WHERE IS” – “WITH ALL FAULTS” . . . . Those phrases have been uttered by auctioneers,...

The Non-Paying Bidder and the Risk of Relying on Bad Advice

2018年11月5日
Mark Twain famously observed that – "It ain’t what you don’t know that gets you into trouble. It...

Can a "Lot" be "Unsold" After the Fall of the Auctioneer's Hammer?

2018年6月27日 · Auction Law,Auction Contract,Online Auction,Bidding,Reopen Bidding
I recently read a blog entry describing the notion that a lot might be "unsold" after the fall of...

A FEW THOUGHTS FOR AUCTIONEERS ON CONTRACTS OF ADHESION AND UNCONSCIONABILITY

2017年6月18日 · Auction,Auction Contract,adhesion
It seems that everyone, or most everyone, remembers that house in or near their neighborhood...

Considering Title, Possession, and Risk of Loss in the Sale of Personal Property at Auction

2017年3月14日 · title,Auction,Possession and risk
Considering Title, Possession, and Risk of Loss in the Sale of Personal Property at Auction: The...

Thoughts on Credit Card Chargebacks Affecting Auctioneers

2017年1月1日 · Auction,Chargeback,Escrow
Credit card chargebacks can pose real risks, and real problems, for auctioneers. Basically, a...

Thoughts on Auctioneer Discretion and Control in Registering Bidders and Conducting an Auction

2016年12月10日 · Auction,Bidder
When I speak to auctioneers, I routinely stress the importance of contracts in (i) establishing...

Selling Encumbered Property at Absolute Auction

2016年11月21日 · Absolute Auction,Encumbrance
Encumbered property (whether real or personal) is, typically, property that is subject to a lien...
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    Auctioneer Discretion in Reopening the Bidding to Recognize a Timely Tendered Missed Bid

    2022年5月3日 · Auction Law,Auction Bidding,Reopen Bidding,Auction,Auction Contract
    I was watching another lawyer argue an appeal once, and one of the judges, paraphrasing a point...

    Understanding the Risk Associated with the Auction Purchase of the Brady Football

    2022年3月24日 · Auction Law,Auction Contract,Auction,Tom Brady Football,Auction Warranties
    On Sunday, January 23, 2022, Tom Brady threw a 55-yard touchdown pass to wide receiver Mike Evans...

    The Highest Bidder vs. the Luckiest Bidder!And, What about the Seller?

    2022年3月9日 · Auction Law,Auction Contract,Bidder,Reopen Bidding,UCC 2-328
    I think it’s fair to say that all participants at an auction – the seller, the bidders, and the...

    Alex Lyon & Son, Sales Managers & Auctioneers v. Leach: Auction Contracts, Bidder Qualifications, Offer and Acceptance, Waiver, and the Fallacy of Treating All Bidders the Same

    2021年12月7日
    Does an auctioneer have to treat all bidders exactly the same, in all respects and under all...

    Auction Industry “Expert” Claims That All Auctioneers Have a Duty to Inspect Every Lot for Latent, or Hidden, Defects

    2020年6月30日 · Auction Law,Auction,disclosure,latent defect,auction expert
    Auctioneering is a nuanced and idiosyncratic profession. As with any specialized field, when an...

    UCC Article 9 is Not UCC Article 2 -An Attorney’s Thoughts on Context, Credibility, and Commercial Reasonableness in “AS IS” Auction Transactions

    2020年6月28日
    I’ve been reading social media posts in which a commentator dabbles in uninformed legal theories...

    A Lawyer’s Perspective on the AS IS Disclaimer, Pre-Auction Inspections, and the Potentially Embarrassing Consequences of Making Legal Arguments Based on Google Searches and the Straw Man Fallacy by George A. Michak, Esq.        

    2020年6月4日 · Auction Law,Online Auction,AS IS,Warranty,Disclaimer
    Social media and the Internet are interesting tools. Among other things: they can be used to...

    A Legal Perspective on Absentee Bids

    2020年4月25日 · Auction Law,Auction Contract,Absentee Bid,Conflict of Interest,Bidder Terms
    Within the auction industry absentee bids left with an auctioneer are generally seen – and should...

                      A Legal Perspective on the Gap-Filler Provisions of UCC Article 2 for Auctioneers

    2020年4月22日 · Auction Law,Auction Contract,Auction,UCC,2-328
    Article 2 of the Uniform Commercial Code (the “UCC”) is a statute applicable to contracts for the...

    Can an Auctioneer Sell “AS IS”Without a Preview?

    2020年4月17日
    “AS IS” – “WHERE IS” – “WITH ALL FAULTS” . . . . Those phrases have been uttered by auctioneers,...

    The Non-Paying Bidder and the Risk of Relying on Bad Advice

    2018年11月5日
    Mark Twain famously observed that – "It ain’t what you don’t know that gets you into trouble. It...

    Can a "Lot" be "Unsold" After the Fall of the Auctioneer's Hammer?

    2018年6月27日 · Auction Law,Auction Contract,Online Auction,Bidding,Reopen Bidding
    I recently read a blog entry describing the notion that a lot might be "unsold" after the fall of...

    A FEW THOUGHTS FOR AUCTIONEERS ON CONTRACTS OF ADHESION AND UNCONSCIONABILITY

    2017年6月18日 · Auction,Auction Contract,adhesion
    It seems that everyone, or most everyone, remembers that house in or near their neighborhood...

    Considering Title, Possession, and Risk of Loss in the Sale of Personal Property at Auction

    2017年3月14日 · title,Auction,Possession and risk
    Considering Title, Possession, and Risk of Loss in the Sale of Personal Property at Auction: The...

    Thoughts on Credit Card Chargebacks Affecting Auctioneers

    2017年1月1日 · Auction,Chargeback,Escrow
    Credit card chargebacks can pose real risks, and real problems, for auctioneers. Basically, a...

    Thoughts on Auctioneer Discretion and Control in Registering Bidders and Conducting an Auction

    2016年12月10日 · Auction,Bidder
    When I speak to auctioneers, I routinely stress the importance of contracts in (i) establishing...

    Selling Encumbered Property at Absolute Auction

    2016年11月21日 · Absolute Auction,Encumbrance
    Encumbered property (whether real or personal) is, typically, property that is subject to a lien...

 

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