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 ...

The March 11 opinion by the U.S. Court of Appeals for the Ninth Circuit in IPC (USA). v Kathryn A. Ellis, is a stark reminder to all businesses that sell goods on consignment that the combination of ...

If you look up the definition of "consignment sale" in the dictionary, it sounds simple. A vendor sends goods to a retailer to be sold in the retailer's store(s). Once the goods are sold, the retailer ...

Art consignment agreements are deceptively simple. This essay goes behind that simplicity to raise issues for art owners, which are not fully addressed (or only imperfectly so) by the text of the ...