Whitehall's Bid To Sell Consigned Jewelry Draws Ire

Law360, New York (July 22, 2008, 12:00 AM EDT) -- Several parties, including Bulova Corp. and Paul Winston-Eurostar LLC, have filed papers opposing bankrupt Whitehall Jewelers Holdings Inc.'s attempts to sell off approximately $63 million in jewelry the debtors received on consignment.

Monday marked the deadline for objecting to a July 15 supplemental motion and supporting memorandum of law filed by Whitehall.

The company is seeking an order specifically permitting the inclusion of consigned goods in the anticipated sale of the debtors' assets pursuant to Section 363 of the Bankruptcy Code.

On June 23, Whitehall filed...
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