CALLIMANOPULOS V. CHRISTIE'S INC.
621 F. Supp. 2d 127 (2009)
NATURE OF THE CASE: Callimanopulos (P) seeks a declaratory judgment that he entered into a binding contract with Christie's (D) for the purchase of the painting 'Grey' and that he holds title to the Work, subject to his payment of $ 3 million and any applicable fees or charges. P also sues for breach of contract and seeks performance of the contract by transfer of title and possession of the Work.
FACTS: P participated in the Auction by telephone. Casacchia curator of P's collection, and Waumboldt P's assistant, attended the Auction in person. P was connected by telephone to Jacobs. Burge was the auctioneer, who has been an auctioneer for over 34 years and has conducted more than 1,000 auctions. Heyler, the Director/Chief Curator of the Broad Art Foundation, attended the Auction as Eli Broad's representative. Broad and P were determined to bid on the Work. Heyler raised concerns about being seated in the front row because it can be a blind spot for the auctioneer. Two Christie's employees-paid attention to Heyler during the auction. Jacobs was seated at a bank of telephones located along the side wall, many rows back and to the left of Burge. Jacobs did not have a clear view of the first row of bidders. P entered a bid at $ 2.9 million. After P bid $3 million, Burge surveyed the room for other bids, before stating: 'Sold to the phone for three million dollars' and dropping the hammer. Jacobs told P that they had secured the Work. Seconds later, Jacobs informed P that Burge had re-opened the bidding and accepted a bid for $3.1 million from Heyler. P protested the re-opening through Jacobs.Burge rejected his challenge and P bid $ 3.15 million, with the intention of disputing the additional $150,000 later. Heyler bid $3.2 million, Burge called the sale to Heyler. Burge stated that at the time he called the sale to P, Christie's employees signaled to him that Heyler had raised her paddle prior to the fall of the hammer. The use of spotters to signal to the auctioneer is common practice at auctions. Burge admits that he did not see Heyler's bid. The Court reviewed a video of the relevant portion of the Auction. P moves for a preliminary injunction.
ISSUE:
RULE OF LAW:
HOLDING AND
DECISION:
LEGAL ANALYSIS:
Get
free access to the entire content for Mac, PC or Online
for 2-3 days and free samples
of all kinds of products.
https://bsmsphd.com
No comments:
Post a Comment