Bloomberg's Philip Boroff has
more on collector Gregory Callimanopulos's lawsuit against Christie's (mentioned earlier
here). In its response to Callimanopulos's motion for preliminary injunction, Christie's says "video recordings of the [May 13] Auction conclusively show that [another bidder] made a bid for the Artwork well
before [the auctioneer] brought down the hammer .... Because the evidence conclusively shows that [the other bidder] bid on the Artwork
before the hammer fell, this case does not even present a legal issue of whether [the auctioneer] properly exercised his considerable discretion under Christie's Conditions of Sale and the U.C.C. in recognizing a bid that was made
with the hammer."