General Business Privacy Bankruptcy

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“Never Say Never”: Lessons From RadioShack’s Sale of Customer Information

When a bankrupt company’s most valuable assets include consumer information, a tension arises between bankruptcy policy aimed at maximizing asset value, on the one hand, and privacy laws designed to protect consumers’...more

Privacy Policy Impacts RadioShack’s Sale of Customer Information

On April 10, 2015, RadioShack, and certain affiliated debtor entities, proposed a bankruptcy sale of certain assets, including Personally Identifiable Information (“PII”). Deposition testimony in the case revealed that, over...more

Third Parties, Government Challenge RadioShack’s Sale Of Customer Data

On May 13, an affiliate of Standard General LP agreed to pay $26.2 million for a portfolio of the bankrupt RadioShack Corp.’s intellectual property, including a database of 67 million RadioShack customer addresses, 8.5...more

Big Data Bankruptcy Sale Derailed – RadioShack’s Customer Information Draws Objections

On March 20, 2015, the State of Texas filed an objection to the sale of customer information in the In re RadioShack Corporation, et al., Case No. 15-10197, case pending in Delaware. According to the objection, the customer...more

Bankruptcy Sales of Personally Identifiable Information: Does it Satisfy the Privacy Policy?

Companies that are looking to sell, transfer or buy personally identifiable information (“PII”) via bankruptcy asset sales would be wise to confirm that such a transfer is consistent with the debtor’s privacy policy. If it...more

A Moment of Privacy -- October 2011

Q: Could my privacy policy hinder the liquidation of my company's assets? A: Possibly, yes. Since defunct online toy store Toysmart's privacy policy precluded its liquidation sale of its customer list a decade ago, most...more

Fenwick Employment Brief - August 14, 2009

IN THIS BRIEF: *California Supreme Court Clarifies Workplace Privacy Limits In Video Surveillance Case *Company’s Bankruptcy Does Not Prevent Personal Liability For Wage Violations *News Bites ..PG&E Overtime...more

Financial Services Report, Fall 2007

In this issue: On the Edge MoFo Metrics Beltway Report Ahead of the Summons Privacy Report California Report Operations Report Firm Offer Update Credit Card Report Arbitration Report Mortgage Report Creditor’s...more

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