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Followup: Auctioneer Kruse ordered to pay bank $1.3M, has jet repo'd
The walls are closing in on Dean Kruse, head of the Indiana-based Kruse International auction house. In September, a slew of lawsuits were filed against the company. Further opening the wound, a county court in Indiana has now ordered Kruse to pay more than $1.3 million to a bank in Warsaw -- just one of several debtors seeking money from the company -- for an overdue loan originally in the amount of $4.5 million. Two foreclosure lawsuits in DeKalb County, Indiana, are pending. One is for $6.5 million in unpaid loans. The other is for a loan in ... Read more →
REPORT: Auctioneer Dean Kruse in deep financial/legal doo-doo Jonathon Ramsey
Kruse International, the four-decade-old, Indiana-based auction house that's moved cars like Chitty Chitty Bang Bang, is having a rough time of it. According to the Journal Gazette, lawsuits and ...
White-Wall Intertubes: RM launches first online car auction Noah Joseph
Online auctions make sense when you're looking for a digital camera or a replacement part for your car, but for buying an entire car? It's been working for years on eBay Motors, and now Canadian ...
Rare Ferrari 250 TR expected to break records at RM's Maranello auction Drew Phillips
With its stunning pontoon-fendered bodywork sculpted by Scaglietti, the Ferrari 250 TR is not only one of the most beautiful cars ever built, it was one of the most competitive as well. Ferrari ...
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Breaking news:
Followup: Auctioneer Kruse ordered to pay bank $1.3M, has jet repo'd 29 days ago on Autoblog
The walls are closing in on Dean Kruse, head of the Indiana-based Kruse International auction house. In September, a slew of lawsuits were filed against the company. Further opening the wound, a county court in Indiana has now ordered Kruse to pay more than $1.3 million to a bank in Warsaw -- just ...
REPORT: Auctioneer Dean Kruse in deep financial/legal doo-doo 3 months ago on Autoblog
Kruse International, the four-decade-old, Indiana-based auction house that's moved cars like Chitty Chitty Bang Bang, is having a rough time of it. According to the Journal Gazette, lawsuits and actions have been brought against it by states, buyers and sellers – just about every entity an ...
White-Wall Intertubes: RM launches first online car auction 6 months ago on Autoblog
Online auctions make sense when you're looking for a digital camera or a replacement part for your car, but for buying an entire car? It's been working for years on eBay Motors, and now Canadian auction house RM Auctions is joining the fold. Even those who don't closely follow classic car ...
Rare Ferrari 250 TR expected to break records at RM's Maranello auction 10 months ago on Autoblog
With its stunning pontoon-fendered bodywork sculpted by Scaglietti, the Ferrari 250 TR is not only one of the most beautiful cars ever built, it was one of the most competitive as well. Ferrari captured ten victories in nineteen races from 1958 to 1961, including a class win at Le Mans with ...
Autoblog Podcast #158: 'Twas a couple nights before Christmas...
Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion
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