American Signature bankruptcy: The ties that bind
WILMINGTON, Del. — The much-anticipated bankruptcy of American Signature looks straightforward, and it has been reported as such. A company that boomed during Covid — …
Category: Brian Carroll
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 …
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. …
West Palm Beach’s CityPlace welcomes Wayfair’s Perigold
A look at the high-end retailer’s 30,000-square-foot showroom WEST PALM BEACH, Fla. — Perigold’s second foray into brick-and-mortar, full-line retail makes quite a statement. A …
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 …
