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. …
Category: Brian Carroll
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 …
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 …
False Claims Act presents new risks for importers
The contrasts between the previous administration and the current one could not be starker, and nowhere is this more evident than in law enforcement, particularly …
