We’ve discussed the legal issues, merits and otherwise the prudence of following the UCC 2-328 more strictly and not modifying it per the...

Most cases in which we’ve been involved have been civil cases, where the standard of proof has been generally either a preponderance of...

Similarly, charity auctions typically involve a charity as defined under IRS regulation section 501(c)(3). These auctions might be for...

Items are put up for auction in the United States and around the world every second of every day. In the United States alone, millions...

https://mikebrandlyauctioneer.wordpress.com/2018/06/18/how-the-auction-industry-lost-at-least-one-bidder/ In that blog, I noted that a...

Christie asked, “What is your ‘free’ auctioneer costing your fundraising event?” I invite you to read more here: ...

However, online it’s apparently not that clear. It could be when the auctioneer (or software) says “Sold! or it could be when the invoice...

A very material case for auctioneers at the Supreme Court of the United States was decided June 21, 2018. The decision can be read here:...

There are only two types of auctions: with reserve and without reserve. We have written various times about this topic, including here:...

If there is one single consistent theme running through the minds of plaintiffs in these cases, it might be: Auctioneers “running the...

An attorney called and asked me if his client-auctioneer had to right to withdraw a property after receiving a bid on the property in an...

In fact, we proposed some time ago that “may” may be the worst word to use in the auction industry: https://mikebrandlyauctioneer.wordpr...

https://mikebrandlyauctioneer.wordpress.com/2016/02/17/seller-and-buyer-identity-at-auction/ However, certainly here in 2018 there is an...

https://mikebrandlyauctioneer.wordpress.com/2016/09/05/tax-issues-at-a-benefit-auction/ Our analysis today involves when the auctioneer...

https://mikebrandlyauctioneer.wordpress.com/2009/11/15/different-types-of-auctions/ The right for the seller to bid — outside of a forced...

This would mean that 142 lots are already sold, and 358 lots are not sold. The auctioneer running the online-only auction extends the...

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) regulates what is an antique firearm and their definition is as follows;...

Such a bird’s-eye view of this issue would include questions such as, “How do we know that live bidder is real?” “How do we know that car...

UCC 2-328. Here are those last two sentences: (4) If the auctioneer knowingly receives a bid on the seller’s behalf or the seller makes...

In a without reserve auction, after the auctioneer calls for bids on a property, that property cannot be withdrawn unless no bid is made...