In this Special Report from the New York Law Journal, "'Sports Authority' Tackles Issues of Title to Consigned Goods," "Involuntary Bankruptcy Petition: A Powerful Tool for Creditors," "Current Issues 'Running With' Contract Rejections in Oil, Gas Cases" and "Using the Bankruptcy Code for International Restructuring."
June 13, 2016 at 01:13 PM
1 minute read
View the Digital Edition of this Special Report.
David M. Bass and David W. Giattino of Cole Schotz write: As many vendors are learning in the Sports Authority bankruptcy, Article 9 is so broad that it also can apply to a consignment and absent perfection of that interest, the fact that a consignor purports to retain title to goods will do nothing to protect it against the rights of a debtor as a hypothetical lien creditor.
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