The State Court of Appeals reached back to an 1834 decision to determine that the successful absentee bidder on a 19th century Russian artifact cannot get out of his $400,000 bid just because the seller was identified by a number rather than a name.
December 18, 2013 at 12:00 AM
1 minute read
ALBANY – The State Court of Appeals reached back to an 1834 decision to determine that the successful absentee bidder on a 19th century Russian artifact cannot get out of his $400,000 bid just because the seller was identified by a number rather than a name.
In a 7-0 reversal of a unanimous holding of the Appellate Division, Second Department, the court found that Albert Rabizadeh cannot evade his bid.
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