When Is a Consignment Not a Consignment? A Look at the Ongoing Sports Authority Bankruptcy Case
In the world of bankruptcy, the definition of “consignment” is not as simple as it would seem. In the ongoing Sports Authority bankruptcy case, the company is trying to remain afloat by selling merchandise it obtained on consignment. The consigners, of course, want to be paid, as do the company’s lenders. Judge Cyganowski reviews the case, which has not yet been resolved, and explains the complexities of consignment.
January 25, 2018
bankruptcy | The Honorable Melanie L. Cyganowski
ABF Journal