“We’re all going to an evidentiary hearing and I’m going to figure out exactly what happened,” the judge, Christopher Lopez, said in an emergency hearing on Thursday afternoon. “No one should feel comfortable with the results of this auction.”

Oh bullshit.

    • originalfrozenbanana@lemm.ee
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      1 month ago

      The trustee and auction house are allowed to accept lower bids. Especially ones that make the creditors more whole, which this one does. So no that’s not why

      • TachyonTele@lemm.ee
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        1 month ago

        Ok. Well, feel free to tell everyone why since you seem to know so much.

        • originalfrozenbanana@lemm.ee
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          1 month ago

          Jones is raising a stink because he feels like the bidding process was cut short and the rules were changed once his bid was the clear winner. He’s a moron and he’s wrong and he’s also not allowed to bid, so his bid by proxy will hopefully be caught and punished

    • DragonTypeWyvern@midwest.social
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      1 month ago

      Sellers have a right to accept lower bids, or to accept non-monetary “value” and it happens literally every day in real estate.

      What I don’t know is whether the nature of the auction actually changes things.