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> Then Bricks & Minifigs Corporate took control of the Salem location from the original franchise owner > They were found liable in court. They closed the stor
by crazygringo 5mo ago
> Then Bricks & Minifigs Corporate took control of the Salem location from the original franchise owner
> They were found liable in court. They closed the store rather than pay.
This doesn't make any sense. If the corporation took control of the franchise, the corporation now owns it and its obligations. They can close the store if they want, but that doesn't do anything about their obligation to pay.
What's missing from this story? Because as presented, it makes no sense.
- abirch 5mo agoI believe what is missing is a Brick and Minifig's attorney with a law degree. This is why you shouldn't buy a business for 1 dollar because you can inherit its debts.
- hedora 5mo agoIf they were smart, they took the "inventory" as payment for some imaginary debt, bankrupting the store without taking ownership of it. Hopefully, the courts will see through that tactic, and add a contempt charge on top of all the civil penalties.
- jasonfarnon 5mo agodo we know the debt is "imaginary"? Was this inventory seized in satisfaction of some debt.
- AntonyGarand 5mo agoIt is my understanding that they sued the franchise, which then closed, and not the parent corporate entity. While they won against the franchise due to the default judgement, they didn't win against corporate. The store that is now closed is the franchise they sued.
- ChrisRR 5mo agoI don't think they won in court, B&M just didn't respond so it went to a default judgement