Check out the thread below and read the Bankruptcy Court document posted by Nebraska Cowman for more info on this mess. Basically Gary's Implement was "sold" in 1998 with the buyer to make payments and such, but he went bankrupt in 2003 and stopped making payments. A lengthy legal struggle ensued afterwards as to who actually owned Gary's Implement, the land, and all the inventory. I take it when Mrs. Phillips went to auction everything off she recieved some flack from somebody in regards to the previous legal action, and as a result she cancelled her obligations with Aumanns and sold it privately. Now this private buyer is going to auction everything off. Which creates a huge mess, because there are 3 parties who can now potentially lay claim to everything. The original 1998 buyer, the new buyer, and Mrs. Phillips. If I were Kruse I would be very wary of running this auction until all the legalities are worked out and the dispute over ownership is settled. After all, you can't auction of property that may or may not legally be yours. In addition to this, I wouldn't be surprised if one of the interested parties obtains a court order halting the sale of all items until rightful ownership is worked out. And Aumanns has been caught in the crossfire. I doubt they knew the full situation when they first contracted the auction.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
