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  1. #1 ToysRus Not So Dead? 
    Destroyer of Worlds Apocalypse's Avatar
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    Seems the company might be looking at making a return to life.




    In a bankruptcy court filing Monday, the funds that now control Toys “R” Us said they’d canceled a plan to auction off the company’s intellectual property. Instead they are seeking to reorganize the assets into a new company that will maintain the current license agreements and invest in new retail operating businesses.

    Maintaining the brands under a new independent U.S. business was the best option with respect to the recovery of the Toys “R” Us estate, as well as the benefit of other indirect and direct stakeholders, according to the filing.


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    A group of funds that financed Toys “R” Us lenders during the bankruptcy now control rights to the company’s name. That’s because the intellectual property served as collateral on their loans.

    https://www.bloomberg.com/news/artic...cel-ip-auction
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  2. #2  
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    Quote Originally Posted by Apocalypse View Post
    Seems the company might be looking at making a return to life.


    In a bankruptcy court filing Monday, the funds that now control Toys “R” Us said they’d canceled a plan to auction off the company’s intellectual property. Instead they are seeking to reorganize the assets into a new company that will maintain the current license agreements and invest in new retail operating businesses.

    Maintaining the brands under a new independent U.S. business was the best option with respect to the recovery of the Toys “R” Us estate, as well as the benefit of other indirect and direct stakeholders, according to the filing.


    A group of funds that financed Toys “R” Us lenders during the bankruptcy now control rights to the company’s name. That’s because the intellectual property served as collateral on their loans.

    https://www.bloomberg.com/news/artic...cel-ip-auction
    So what will the lenders get out of the name?
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  3. #3  
    Power CUer noonwitch's Avatar
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    I think there is still a market for a toy store. I think Toys r Us deserved what happened to them because of how they drove all the other toy stores out of business, but I think there is still a market. There could be some short-term profits for Christmas sales. Maybe they should be like the Halloween stores and only open during the holiday shopping season.
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