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Saturday, November 2, 2024

Firearms collectors sue Dan Morphy Auctions for alleged breach of bailment

Lawsuits
Contract 08

PHILADELPHIA — Owners of a large collection of antique and collectible firearms are suing Dan Morphy Auctions LLC, Morphy Auctions Las Vegas and Morphy Firearms LLC.

Thomas M. Weber and Terrance M. Weber filed a complaint on Jan. 4 in the U.S. District Court for the Eastern District of Pennsylvania against Dan Morphy Auctions LLC, Morphy Auctions Las Vegas, and Morphy Firearms LLC alleging the auction house misappropriated the property entrusted to them.

According to the complaint, the plaintiffs allege that between Jan. 5, 2017 and 2018, they entered into a "Sellers Agreement - Sale of Personal and Chattel Property" agreement with the defendant. However, they claim defendants did not conform their actions to their obligations including but not limited to the agreed reserve prices on certain items; the promotion and marketing of items; and promptly informing plaintiffs of the theft of property entrusted to them as bailees. 

The plaintiffs hold Dan Morphy Auctions LLC, Morphy Auctions Las Vegas, and Morphy Firearms LLC responsible because the defendant allegedly failed to act in good faith and deal fairly with plaintiffs in their performance of the consignment agreement. 

The plaintiffs seek not less than $150,000 as compensatory damages, together with pre- and post-judgment interest thereon, the return of all property belonging to plaintiffs in defendants' possession, plus costs and expenses of suit to the extent recoverable, and for such other relief as the court deems just and proper under the circumstances. They are represented by Dennis Abramson of Abramson & Abramson in Bala Cynwyd.

The U.S. District Court for the Eastern District of Pennsylvania Case No. is 5:19-cv-00008-MAK.

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