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KRAHMER v. CHRISTIE'S INC.

C.A. No. 606-N.

903 A.2d 773 (2006)

Johannes R. KRAHMER and Betty P. Krahmer, Petitioners, v. CHRISTIE'S INCORPORATED, Respondent.

Court of Chancery of Delaware, New Castle County.

Decided: June 2, 2006.

Attorney(s) appearing for the Case

Victor F. Battaglia, Sr., Biggs and Battaglia, Wilmington, DE, for the Petitioners.

Melanie K. Sharp, Seth J. Reidenberg, Young Conaway Stargatt & Taylor, L.L.P., Wilmington, DE; Michael E. Salzman, Russell W. Jacobs, Hughes Hubbard & Reed, L.L.P., New York City, for the Respondent.

OPINION

LAMB, Vice Chancellor.

The purchasers of a painting acquired at auction in 1986 seek to amend their petition for rescission filed against the auction house. The original petition, filed in 2004, alleges that the auction house committed fraud by intentionally concealing that the work of art was not an original. Now, after the conclusion of discovery, the petitioners wish to add claims of mutual mistake of fact, negligent misrepresentation,...

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