You just heard a rumor that your largest retail customer is in financial distress and may file for bankruptcy. After a moment of panic, you review your consignment agreement with the retailer (this ...
An April 12, 2019 Delaware Bankruptcy Court decision in the Sports Authority Chapter 11 case (In re TSAWD Holdings, Inc.) is an important reminder for sellers of goods on properly obtaining security ...
Some retail stores do not purchase goods from distributors and resell the goods; they accept them on consignment. Accepting goods on consignment is an alternative method to supplying merchandise in a ...
The COVID-19 pandemic has affected the art world in many ways, including making it difficult, if not impossible, for art businesses to meet their contractual obligations. To protect their bargaining ...
It is more important than ever for vendors who believe they have consignment arrangements with their customers and for debtors in the possession of goods, presumably on consignment, to examine such ...
There are many avid art collectors among high-net-worth clients, many of whom frequently look to galleries to consign artwork they no longer want. Net sale agreements are commonplace in the industry ...
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