Miami Aviation Service v. Greyhound Leasing & Financial Corp.
856 F.2d 166 (1988)
Free access to 20,000 Casebriefs
Facts
This was about an auction of an aircraft and two aircraft engines. The auction was advertised by D through public notice. At the auction, the auctioneer stated that sale would be to the highest bidder and that no minimum bid would be required. P bid $1 million dollars. Thereupon, D bid $3.3 million dollars and took the aircraft and engines. The court held that the action was without reserve, and D could bid. P appealed.
Nature Of The Case
This section contains the nature of the case and procedural background.
Issues
The legal issues presented in this case will be displayed here.
Holding & Decision
The court's holding and decision will be displayed here.
Legal Analysis
Legal analysis from Dean's Law Dictionary will be displayed here.
© 2007-2025 ABN Study Partner