Asset Sales

Concurrent Committee Educational Session: Asset Sales/Real Estate/National Auctioneers Association (Joint): Maximizing the Value of Commercial Real Estate, Machinery and Equipment and Intellectual Property through the Auction Process

Topics: 
Asset Sales
Real Estate
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Jewelry Retailer Debtor May Not Include Consignment Goods as Part of Section 363 Sale

By: Jonathan Borst

St. John's Law Student

American Bankruptcy Institute Law Review Staff

 

In In re Whitehall Jewelers Holdings, Inc.,

[1]

the court held against Whitehall Jewelers Holdings, Inc. (“Debtors”), in favor of approximately 124 consignment vendors (“Consignment Vendors”), where Debtors sought an order permitting the “free and clear” sale of all of their assets and inventory, including consigned goods from Consignment Vendors.

[2]

 

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