Ricardo.de Welcomes Decision of Hamm Court of Appeal

Published by: admin 2009-01-09

[Berlin, GERMANY] Contracts between suppliers and bidders at Internet auctions are legally valid. This decision was made by the second civil court of appeal of the Hamm provincial court in an appeal on December 14, 2000. The lawsuit centered on a car dealer who had used the ricardo.de platform to put a VW Passat up for auction. The car was auctioned off well under the list price. When the car dealer subsequently refused to deliver the new car, the buyer took him to court. The action was dismissed in the first court case by the district court of Munster. In the second court case (find out more about it here), the buyer was found to be in the right.

Matthias Schmidt-Pfitzner, managing director of ricardo.de AG, said, "The Hamm court of appeal has ruled that online auctions lead to binding bills of sale. We were counting on this decision in favor of Internet auctions. Naturally, we welcome the judgment. Through it, the court has provided important clarification. When a bid has been accepted, the buyer can now be sure that he is legally entitled to the auctioned goods."

Business News for IT Managers::
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ACM-Bulletin of 10 january 1999 ::
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