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Even if they are contractually committed not to sell your info, that still might not save you: “Yesterday, the bankruptcy court approved the sale over the obje
by CogitoCogito 5y ago
Even if they are contractually committed not to sell your info, that still might not save you:
“Yesterday, the bankruptcy court approved the sale over the objections of several parties, including the Federal Trade Commission (FTC) and third party manufacturers Apple and AT&T who sold products to the bankrupt retailers.
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The FTC’s objection was made to the court-appointed consumer privacy ombudsman in the RadioShack bankruptcy. Specifically, the FTC’s letter alleged the sale of personal information constitutes a deceptive practice because in its privacy policy, RadioShack promised never to share the customer’s personal information with third parties.”
https://www.jdsupra.com/legalnews/radioshack-bankruptcy-court-approves-71309/ https://www.jdsupra.com/legalnews/radioshack-bankruptcy-cour...
In that case the judge allowed the sale of the information in contradiction to its commitments.
- dragonwriter 5y ago> In that case the judge allowed the sale of the information in contradiction to its commitments. Note that bankruptcy always allows things in contradiction to commitments; bankruptcy is all about balancing which commitments will not be fulfilled, and by how much, when a party is no longer capable of fulfilling all of its commitments. If you don’t like particular commitments being voided in bankruptcy, you want legislation specifically protecting them so that there is a clear legal barrier to voiding those specific kinds of obligations.