CBS News has broadcast a fascinating feature and interview with Ken Perenyi, a self-taught artist who fooled the art market and auction houses with forgeries of paintings. His method was to bring paintings he himself made into auction houses, and ask them what he had, saying now in retrospect, “risk is addictive“. [Read more…]
As reported back in April (see New eBay Legal Development in the UK – Seller to be Fined up to £50,000 for Shill Bidding), an eBay seller in the UK, Paul Barrett, plead guilty to shill bidding his own auctions. Yesterday, the judge in the case ordered Barrett to pay £5,000 in fines and court costs and to do 250 hours of community service. [Read more…]
The latest in a series of interesting legal developments related to eBay in the past few years, breaking news today is the case of an eBay seller in the UK who faces up to £50,000 in fines for shill bidding his own auctions. The Daily Mail reports this is the first case in which someone is being fined for such activities. [Read more…]
Per reports from the Associated Press, both a spokesman for Michael Jackson and Julien’s Auctions have said today that – as part of a settlement agreement in the widely publicized dispute – Jackson will retain possession of the approximately 2,000 personal items [Read more…]
Per reports from the Associated Press, Los Angeles Superior Court Judge Brett Klein ruled in favor of Julien’s Auctions and denied Michael Jackson’s MJJ Productions efforts to have his personal property from Neverland Ranch returned. The memorabilia is scheduled to be sold at auction April 22-25 in Beverly Hills. [Read more…]
As reported in previous articles – see Auction Events | Julien’s Auctions | Michael Jackson – Michael Jackson’s MJJ Productions filed a lawsuit against Julien’s Auctions for the return of personal property from the Neverland Ranch that was consigned to the auction house with a sale planned this month. These events appeared to have prompted long time auction partner Auction Network to withdraw as the online bidding service provider. In reviewing the JuliensAuctions.com and LiveAuctioneers.com websites today, it appears that Auction Network has been replaced with competitor Live Auctioneers. [Read more…]
Fox 411’s Roger Freidman, who has been out in front with the developments concerning Julien’s Auctions event and Michael Jackson’s efforts to stop it, today reports that Colony Capital may also take steps to halt the sale of Jackson’s personal property and memorabilia. [Read more…]
As widely reported in the mainstream media, Michael Jackson’s MJJ Productions has filed a lawsuit against Julien’s Auctions for the return of personal property from the Neverland Ranch that was consigned to the auction house with a sale planned for April 22-April 25, 2009 in Beverly Hills. Having reviewed the Plaintiff’s declarations in support of the motion for injunction as well as the Consignment Agreement, it should prove interesting to learn how the courts ultimately rule on the case. [Read more…]
