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.,
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.
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