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Sports Authority and Consignments: Lessons for Lenders and Vendors

insights Sports Authority and Consignments: Lessons for Lenders and Vendors Douglas J. Schneller · May 9, 2019

A Delaware bankruptcy court (the “Court”) recently considered conflicting security interest claims of (i) a vendor that manufactured and consigned goods to a merchant that later filed for bankruptcy, and (ii) a secured lender that had a perfected lien on inventory and proceeds. The decision has important lessons relating to consignments. Summary The consignor failed…

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