I never could get the bankruptcy info posted on the other thread to come up, but if the matter is in bankruptcy court, I'm not surprised that they are going ahead with an auction. In bankruptcy court, its about the money, not the "stuff". The parties will usually "stipulate" (agree) to an auction or sale of the bankrupt's property, once everyone is convinced that its being sold so as to maximize the price. Then the money goes into the registry of the court, and the parties can fight over it to their heart's content. Aumann doesn't have too many rights here, I'm afraid, except as an unsecured creditor for their investment in advertising, etc. pursuant to the contract. They'll share pro rata with other unsecured creditors in whatever's left after any secured creditors and certain other claims are paid off.
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