Memory Lane sold cards they didn't have per SCD

[LOUCARDFAN]

I am utterly amazed that someone at ML actually thought sending $2 million dollars worth of someone else's cards to a cut rate hotel would be ok is astonishing enough.

I would also bet that the BW hotel wasn't even aware of the dollar value of the box that was received and ultimately stolen.

I am quite sure that if the hotel had been aware of it before hand, they would have told them no and that they would not be responsible for the shipment. Sorry, but even the Bellagio is cautious on high dollar items arriving at their place and they have an underground vault.

Secondly, would any of the winning bidders of the stolen items possibly have a case for legal action against ML to make them good on providing the item that they were contractually high bidder on? Those same bidders are contractually bound to pay ML for an item if they were high bidder so why not vice versa? I would think that if the items were stolen and the auction halted or stopped but since they let the auction continue all the while knowingly that they didn't have the items and very well never obtain them i would think they would be in a prime spot for legal action.

Lastly, I hope that the cards are ultimately found, and everyone is made good on this terrible predicament that ML put themselves in. Ryan, I do hope that you and all the other consigners are made whole but why wouldn't ML tell you and the other consigners anything but positive things to keep you all calm and patient which offers themselves more time to hopefully but doubtfully getting the cards back?

I would be willing to bet my entire collection that unless ML pays the consigners out of their own pockets, those consigners won't be made whole anytime soon as the insurance companies will deny any claims made and this will be tied up for years in the court system.