The latest case featuring ClassicStar and GeoStar’s mare-leasing scheme featured the defendants leasing out mares they didn’t own and leasing less-valuable quarter horses and misrepresenting them to be Thoroughbred mares. On July 18, 2013, the Sixth Circuit Court of Appeals affirmed a $65 million award to victims of the scheme. In re ClassicStar Mare Lease Litig
Kelly Hart to Host Free Equine Law Webinar
On December 6, 2012, we will be putting on a free equine law webinar for clients and potential clients involved in the horse industry. Details are below.
Title: Top Three Things That Cause Equine Litigation & How to Avoid Them
Date: Thursday, December 6, 2012
Time: 12:00PM to 1:00PM CST
Those who wish to participate…
Court Rules Damages Award Against Dog Breeder Not Dischargeable in Bankruptcy
The topic of this week’s post is not a true “horse case”, per se, but horse dealers and those who purchase horses from dealers can certainly glean some valuable lessons from it.
David and Lisa Moore were breeders and sellers of horses and dogs. Originally operating as “Kanes Lake Horse & Kennel” in Minnesota, they…
Guest Post: Top Ten Pre-Purchase Exam Considerations
As a follow-up to last Thursday’s post, Tips for Equine Pre-Purchase Exams, the following is a guest post by veteran Kentucky equine lawyer, Joel B. Turner, with valuable information concerning pre-purchase exams and other steps buyers can take to protect their interests in a horse sale transaction.
"As a ‘horse lawyer’, people usually do…
Tips for Equine Pre-Purchase Exams
Having a thorough pre-purchase veterinary examination done prior to a horse sale is one of the best ways parties to a horse sale can prevent disputes and lawsuits.
Dr. Camille Knopf, an equine veterinarian in Northern California, offered some excellent advice this week on the blog Ribbons and Red Tape:
Always, always, always have
…
The Dangers of Advertised Exchange Policies for Horse Sales
Some horse breeders, trainers, and consignors who are in the business of selling horses advertise “exchange policies” on their websites. The typical exchange policy contains language promising that a buyer can exchange a horse purchased from the seller for another horse owned by the seller of the same or lesser value within ___ days of the…
International Horse Sales Part II: Terms to Include in Your Purchase & Sale Agreement
In addition to the terms usually included in a contract to buy a horse, a Purchase and Sale Agreement involving the shipment of a horse to another country should include the following terms:
1) Applicable Law: Will your country’s law, or the law of the other party’s country apply to the contract? This is important…
Top 4 Things to Have When Buying or Selling a Horse Internationally
Before you buy a horse from someone in another country or sell a horse internationally, you must have the following four items in place to help avoid disputes and headaches:
1) Written Purchase and Sale Agreement. An international sale is typically not one where a buyer can show up with a trailer, hand the…
It’s About to Get Western–Increased Export of Quarter Horses
If you have exported a horse internationally, you probably already know about the international demand for nice American Quarter Horses bred in the US. If you have not yet sold a horse to an international buyer, you might start looking to the international market for sales possibilities. The AQHA’s international department reported to me today that the…
Enforcability of “Soundness Guarantees”
A Texas caller bought a horse without getting a pre-purchase exam. The caller has emails from the seller that say the horse “never took a lame step” and was “always sound” while the seller owned the horse. The horse became lame about two months after the caller got him home, and the caller’s veterinarian speculated …