Perspective
Apr. 16, 2016
Learn from Sports Authority bankruptcy
The early stages of the bankruptcy case have been defined by disputes between the distressed sporting goods retailer and its consignment vendors. By Robert S. Marticello
Last month, Sports Authority filed for Chapter 11 bankruptcy. The early stages of the bankruptcy case have been defined by disputes between the distressed sporting goods retailer and its consignment vendors. Bankruptcy enables a debtor to restructure its obligations and maximize the value of its property for the benefit of all creditors. The consignment vendors assert that the merchandise on Sports Authority's shel...
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