Est. 1998
Julien’s Auctions Win
In a ruling this week by the Los Angeles Superior Court Judge Ronald M. Sohigian, Julien’s Auctions, the world’s premier celebrity estate and memorabilia auction house, located in Beverly Hills, has won a major victory today in a case which was brought by French Canadian Richard LaPointe.
A jury completely absolved Julien’s Auctions of any wrong doing alleged by the plaintiff Richard LaPointe and found that the plaintiff’s case had no merit whatsoever. In the case, the plaintiff LaPointe claimed, he was emotionally damaged because of a cancelled auction related to Michael. The case also noted that LaPointe originally placed absentee bids which totaled six and a half thousand dollars for fourteen items, including large bronzes of children.
Julien’s Auctions came to an agreement with Michael in April of 2009, to cancel the Neverland Auction, at the request of Michael himself.
The auction never took place and was cancelled prior to any auction date. LaPointe’s attorney, Nicholas Hornberger claimed his client had been financially damaged one hundred and twenty-six million dollars, as a result of not buying the items prior to Michael’s passing for the noted six and a half thousand dollars absentee bid.
In a statement, Darren Julien, President of Julien’s Auctions, said, “We are obviously happy with this outcome and that justice did indeed prevail. We will continue to work hard to protect our business but most importantly those partners and clients who know and trust us.”
Julien’s Auctions was represented at trial by Miles J. Feldman and Sonia Y. Lee of Raines Feldman LLP.
Source: prweb.com & MJWN
Song of the week
