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 ...
Shares of the struggling retailer fell to an all-time low following the news Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of ...
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 ...
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 ...
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 ...
According to the Oxford English Dictionary, to consign is to “deliver [something] to a person's keeping.” So in the art world, it’s when the owner of an artwork —a consigner— ‘consigns’ it (gives it) ...
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