Microsoft Seeking Legal Action To Reclaim Games
Before shopping malls, department stores were the be all and end all of shopping convenience. One stop got you everything from jewelry to sporting goods, kitchen utensils to shoes. Sadly many of these store chains have found they’ve run their course. Most recently English department store Woolworths announced that they’d be closing their stores. In fact the last stores will be shutting their doors tomorrow.
Although the company is going under and has probably been selling many of their goods at low prices in order to try and diminish their losses, there are still warehouses in their distribution arm which are full of products. Microsoft and other big name companies are preparing legal actions against the company’s administrators in order to try and reclaim some of their products. UK laws allow suppliers to reclaim stock that has not been paid for, or reclaim stock that has been paid for in lieu of collecting on debts.