Legal roundup: B. Riley Financial finally files 10Q, Kahn prosecution hurtling forward
As we mark one year since Franchise Group filed for bankruptcy, and what a year it has been, it should not surprise that there are …
Author: Brian Carroll
Brian Carroll covered the international home furnishings industry for 15 years as a reporter, editor and photographer. He chairs the Department of Communication at Berry College in Northwest Georgia, where he has been a professor since 2003.
Learning from the Savannah Bananas
Thinking outside the box? How about getting rid of the box? After a summer of experimenting with AI, I have been contemplating the word “creativity.” …
AF Newco principal sues Buddy Mac Holdings
The soap opera of FRG-AF-BHF takes another nasty turn Keeping all of the parties, companies and subsidiaries tied to Franchise Group straight is pretty daunting. …
As The (Legal) World Turns: A litigation update
To those who breathlessly await updates in the Franchise Group-B. Riley-Prophecy Asset Management-American Freight-Buddy’s Home Furnishings-Conn’s-Badcock Home Furnishings-Brian Kahn-Bryant Riley soap opera, a thousand apologies. …
AF Newco fires back at Franchise Group in court
Comprehensive countersuit paints a very different picture, cites “extortion“ The new owners of Franchise Group filed suit in bankruptcy court on Sept. 24 against AF Newco, accusing …
SEC silent treatment: Prophecy Asset & Franchise Group
Key questions remain following SEC lawsuit filed against Kahn, Spotts, Prophecy Monday proved rather hectic. First off, I teach full-time. Between classes, I got word …
SEC sues former Franchise Group CEO Brian Kahn
Filing says 3 co-conspirators “caused Prophecy to spend investor funds on risky, highly illiquid investments, including investments into Kahn entities, for which Prophecy Asset Management …
FRG’s new owners sue AF Newco, buyers of American Freight
Included in the claims: Misleading the court about ties to former FRG CEO Brian Kahn The new owners of Franchise Group, led by Octagon Credit …
Legal roundup: B. Riley, Franchise Group, Badcock, Arhaus-RH
B. Riley finally files 10K, FRG Litigation Trust ramping up B. Riley Financial finally filed its 10K for fiscal 2024, doing so on late Friday afternoon. So, finally we …
Walker Edison bankruptcy sets aside war chest to battle former owners in court
At first blush, Walker Edison’s bankruptcy filed just over a week ago appears to be simply the latest of a disturbingly long line of fiscal …
