Comment by alasdair_
13 hours ago
They can seize assets that belong to the entity. They can’t seize assets that belong to other people just because it happens to be on their premises, in the same way that they can’t seize and sell the cars that happen to be in a bankrupt store’s parking lot.
I saw an analysis from a lawyer who said that there are situations where a creditor can claim consignment items, but that it didn't apply here.