Posted by newfarmer9 on January 25, 2008 at 18:48:50 from (74.210.36.33):
That massive auction in Nebraska in June of 2,500 tractors and whatnot has been cancelled. Here is the notice as was posted on Aumann Auctions website:
IMPORTANT ANNOUNCEMENT
On September 11, 2007, Aumann Auctions contracted with Joan Phillips to sell her late husband’s collection of approximately 2,500 antique & collectible tractors, parts, trucks, toys and many other items. We contracted this auction in good faith and immediately began advertising and promoting the auction as instructed by the sellers.
However, Mrs. Phillips later informed Aumann Auctions that she had sold the entire operation with all of the assets and real estate to one buyer, and that she must terminate the auction contracts with Aumann Auctions. After considering all of the circumstances and in light of this advisement, we began litigation in the United States District Court for the District of Nebraska alleging breach of contract by Mrs. Phillips and we are vigorously pursuing that lawsuit. Unfortunately, due to the above events, it appears we will not be conducting the Phillips auction.
We want to thank all of the collectors and interested parties that have been so supportive and helpful during these last few months.
While we personally strive to conduct business in an upfront, ethical and transparent manner, this type of incident is one we have never had to deal with. We apologize to our customers for any inconvenience this has caused you. We have had hundreds of inquiries for the auction already and will try to contact all of those personally.
It is our opinion that the facts of this transaction will present itself to the collecting community soon. Please see our other great auctions for 2008! We look forward to seeing you at one of them.
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