George A. Michak examines the risks associated with the auction purchase of the Brady football, including bidder expectations and sale terms.
Understanding the Risk Associated with the Auction Purchase of the Brady Football
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Blog · Category
Risk, Title & Payment
Auction-law commentary on title, possession, risk of loss, nonpaying bidders, credit card chargebacks, and encumbered property.
Articles are for information and discussion only. They do not constitute legal advice or establish an attorney-client relationship. Articles retain their original publication dates; laws and circumstances may have changed.
The Non-Paying Bidder and the Risk of Relying on Bad Advice
George A. Michak considers nonpaying auction bidders, contractual remedies, and the risks of relying on unsupported advice about auction law.
Considering Title, Possession, and Risk of Loss in the Sale of Personal Property at Auction
Consider how the UCC and bidder terms address title, possession, and risk of loss when personal property is sold at auction.
Thoughts on Credit Card Chargebacks Affecting Auctioneers
Read George A. Michak’s analysis of credit card chargebacks, payment disputes, and contractual considerations affecting auctioneers.
Selling Encumbered Property at Absolute Auction
George A. Michak examines legal and ethical considerations when property subject to an encumbrance is offered at an absolute auction.
Title, Possession, and Risk of Loss for Personal Property Sold at Auction
George A. Michak discusses title, possession, and risk of loss for personal property sold at auction and the importance of bidder terms.
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