| Arizona Resort Golf Home to Hit Auction Block May 8
[ClickPress, Fri Apr 20 2007] A brand new 2,023 square foot home on the first hole of the championship golf course at the resort community of Robson Ranch will be sold at auction on Tuesday, May 8, at noon, according to Tom Starrs auctioneer for CENTURY 21 Catalina Realty.
Starrs said that the auction will be conducted live on site at 5406 W Corral Drive, but will also be open to real-time online bidding over the Internet as well. We are pleased to offer the online bidding option for this home, said Starrs, so that interested people who cannot attend the auction in person can bid from their home or office.
This two-bedroom, two-bath Southwestern home has many upgrades, including bay windows on the golf course side and an extended garage, as well as a separate guest casita that provides a third bedroom and bath.
'Action Auction' Retro
Where else could you see your neighbors on TV - some looking good; others, well, maybe acting a little foolish. There were sports and broadcast celebrities outside their natural habitats. They, too, ranged from looking slick to silly. It has never been especially great TV. But no one seems to mind. It is quaint and homey. And there were always bargains to be found. WCET-TV (Channel 48), the first public TV station in America, granted a license in 1954, celebrates the 40th anniversary of its "Action Auction" this week when the watch-bid-and-buy fest airs Wednesday-Saturday. "I think it might have been the first reality show," says Grace Hill, CET program director, who has been there for all of the auctions having started at the station as a receptionist in 1962. "The thing I remember most is that everyone in the community supported it.
Sotheby's Hubbard Gavels In 30
After 30 years at Sotheby's, Lisa Hubbard has come to a personal epiphany: "My taste surpasses my buying power."
The chairman of Sotheby's jewelry department is well known in the auction and jewelry worlds, having started as a cataloguer in the jewelry department and later becoming an auctioneer. Hubbard presided over the auctions of the property of Jacqueline Kennedy Onassis, the Duke and Duchess of Windsor and Ava Gardner, to name a few. A native of Los Angeles who resides in New York, she was also the architect of the first specialized sale of fine jadeite jewels in Hong Kong in November 1985. .
Barclays and ABN Amro expect hostile bids as exclusive talks end
BARCLAYS and ABN Amro are prepared for a flurry of hostile bids to emerge after they announce the terms of their proposed, friendly merger agreement. But the additional pressure of a hostile predator may mean the full terms are not disclosed when the exclusivity agreement between the two banks expires on 18 April. One insider said: “The end of the exclusivity term has been misread as a deadline. “This is a complicated transaction and John Varley [chief executive of Barclays] is not going to be rushed to approve anything that has not been thoroughly investigated. .
City firms go happy capping
Our revelation that Clifford Chance has capped liability across the board on corporate due diligence will get City M&A partners scrambling to review their policies. Up until now only Eversheds has admitted capping its liability. But as The Lawyer's research reveals, liability caps on due diligence in M&A is seriously starting to take hold at the big City firms. It all started on the sell-side with vendor due diligence in auctions. Because the vendor's lawyers are facilitating a transaction for someone who is not their client, a cap on liability is relatively uncontroversial. But caps on the sell-side have started to erode client resistance on the buy-side. Accountants have been doing this for years, which has always made corporate lawyers pretty grumpy.
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