The question we tend to get is, “This is theft, right?” We typically answer, “Probably not, and likely only a contract breach.” ...

Our discussion today regards what can — or should — auctioneers do in such instances. Is there anything they can do? If you’re not...

State law in 49 of the 50 states in the United States dictates bidders may retract their bid at an auction anytime, for any reason, up...

State law in 49 of the 50 states in the United States dictates that items may be withdrawn prior to the start of the auction, no matter...