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Law Practice

Mar. 23, 2007

Bidder Beware: eBay No Place for Startups

An entrepreneur thought he had found the perfect platform to sell his mobile-networking company. But a host of legal concerns -- and potential buyers growing increasingly skittish about online transactions -- scuttled plans to auction the business on eBay.

By Jason Song
Daily Journal Staff Writer

      LOS ANGELES - Ophir Tanz thought it was a good idea to sell his mobile-networking company on eBay.
      His attorney begs to differ.
      "I'd be concerned about what statements were made during the bidding process ... I'd be concerned about potential liability regarding the statements, if there was enough time for res...

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