#diligence

Mike Brandly, Auctioneer

Jan 253 min read

Expressed or the climate?

One only has to be marginally aware of the political “climate” to note that many feel it’s not the words being specifically expressed,...

Mike Brandly, Auctioneer

Dec 18, 20233 min read

Auctions, selective reading, varying

We tend to look for affirmation instead of information — as I noted some time ago: https://mikebrandlyauctioneer.wordpress.com/2019/09/05...

Mike Brandly, Auctioneer

Oct 30, 20232 min read

So, you can do what? Anything?

I’m reviewing some terms and conditions for a without-reserve “absolute” auction and specifically trying to reconcile these terms with...

Mike Brandly, Auctioneer

Oct 20, 20232 min read

Reasonable auction practice

Why is it in every auctioneer’s interest to treat their bidders in a reasonable fashion? As Peter Gehres so aptly notes, so those...

Mike Brandly, Auctioneer

Jul 10, 20232 min read

Integrity and respect for reasonable expectations?

I’ve seen some interesting things in the auction business … and this might come close to topping them all, so far. This involves the...

Mike Brandly, Auctioneer

Apr 12, 20232 min read

Does the UCC [§ 2-328] only apply to “auctioneers?”

The Uniform Commercial Code § 2-328 is titled “Sale by auction.” It appears the drafters assumed anyone who is selling property by...

Mike Brandly, Auctioneer

Sep 22, 20213 min read

Following the law or your own law?

Is it okay to drive 70 miles per hour in a 70 miles per hour zone? Generally, yes, unless circumstances dictate a slower speed — for...

Mike Brandly, Auctioneer

Apr 22, 20213 min read

Good faith, diligence, reasonableness, and care

Or, if you prefer, I suppose, “Bad faith, negligence, unreasonableness, and carelessness?” As a frequent auction expert witness (over 40...