Latest development in Shanus v. REA

[CW]

Originally Posted by WhenItWasAHobby

Again, here's the quote that's in question:

In the recent REA auction, for example, the sheet musics entitled the Live Oak Polka and the Home Run Quick Step did abysmally, selling for a small fraction of what they transacted for in the past. For those who collect that sort of thing, those sheet musics represent the pinnacle of 19th century chromolithography. They are quite rare and the particular pieces offered by REA were in exceptionally good condition for the issue.

One could also just as easily argue that Mr. Shanus alerted the public of the undervalued bargains of rare, quality items on REA's auctions, which therefore added interest to REA's future business which would increase thereby their profits.

I agree. Also, the bolded part, while it does mention REA, is simply a statement of fact. No real opinion of REA was given, nor was any blame applied to the auction house. Perhaps the term "abysmally" was a bit over the top, but that's hardly worthy of a lawsuit.

There obviously must be more to this (ie. the accused shilling), but just based on the forum post I am amazed this has gotten this far.

I would make a negative comment about lawyers right about now, but I don't want to piss off half the members on this board.


€hû¢k Wölƒƒ

[Bosox Blair]

Originally Posted by CW

...but that's hardly worthy of a lawsuit.

There obviously must be more to this (ie. the accused shilling), but just based on the forum post I am amazed this has gotten this far.


€hû¢k Wölƒƒ

Chuck,

This is not the lawsuit...this is the Counterclaim. Shanus sued REA. REA defended and filed a Counterclaim. Standard stuff.

[CW]

Originally Posted by Bosox Blair

Chuck,

This is not the lawsuit...this is the Counterclaim. Shanus sued REA. REA defended and filed a Counterclaim. Standard stuff.

Ah, I see. Every time I see x vs. y, I think lawsuit. Thanks for clearing that up.

[Peter_Spaeth]

A counterclaim is a lawsuit.

[Bosox Blair]

Originally Posted by Peter_Spaeth

A counterclaim is a lawsuit.

As lawyers we understand this - but for the non-lawyers, some people are clearly wondering: why is REA making a claim against Corey? Well the answer is that Corey sued first. A Counterclaim is a common part of an aggressive defence. I doubt REA would have filed this claim if Corey had not sued first.

Cheers,
Blair

[Peter_Spaeth]

Originally Posted by Bosox Blair

I doubt REA would have filed this claim if Corey had not sued first.

Cheers,
Blair

I agree. I am surprised REA filed it even as a counterclaim, frankly.

[Kenny Cole]

Originally Posted by Peter_Spaeth

I agree. I am surprised REA filed it even as a counterclaim, frankly.

Me too. Ultimately, I think that decision may end up being counterproductive.