alt Hacker NewsIt's not that hard to understand.
A man gave a store merchandise on consignment, signed a contract with the store manager.
The manager lost control of the store to corporate. The goods were still there, still on display and being sold.
Corporate says, "this is mine now" and refuses to honor the contract. "It wasn't our name on it, says right here that the previous store manager signed this, and she's no longer with us." They sell the goods and keep all of the revenue, rather than just their 10% share.
It seems like theft, but it's a very common civil contract dispute. The side with possession and deeper pockets is the side with the leverage, sadly!
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It is hard to understand if you only read the blog posted here. They left out a lot of this specificity.
Forgive me if I'm trying to figure out what's going on here. I just read the linked blog and some of the links within, but I don't have time to watch all these long YouTube videos
> The goods were still there, still on display and being sold.
The store says the full inventory was not discoverable at the store. They said the person gave a written statement in the past saying the collection was "moved off site for security reasons" so I don't think this is really as cut and dry as the YouTuber and blogger people are trying to make it look.
> Corporate says, "this is mine now"
Their statement says they located what inventory they could and offered it back.
I think there's a lot more to this story. I wouldn't really trust the YouTube influencers for the whole story.
As soon as there is a shred of dispute every theft becomes a contract dispute
I have heard of the same thing happening with fancy used car dealerships, where cars that were to be sold on consignment have been lost.
Lucky though, you can find somebody with deep pockets to step in and take his share of the case should you win.
This is a gofundme I would gladly donate to. Fight the power for what's right.
Theft by conversion.
They were actually getting a 35% share. This is pure greed.
> It seems like theft, but it's a very common civil contract dispute.
What if he reported theft? Wouldn't they have to prove how did they come into possession of the goods they are selling?
> It's not that hard to understand.
FWIW, I couldn't follow it either from the blog.
This is essentially what is going to happen with Monetary Metals (although I hope not!)
Corporate is also claiming that they don't allow stores to take on consignment deals, contrary to their franchise agreement explicitly allowing franchise owners to take on consignment deals.