We are deeply concerned by Paddle8’s bankruptcy filing, particularly given that the director of Paddle8’s board, Peter Rich, specifically acknowledged Paddle8’s payment obligations to the nonprofit charity in writing less than a week ago, and assured us that Paddle8 had ‘made arrangements to settle your client’s monies due immediately,” Paul Cossu, an attorney for the New American Cinema Group, tells Artnet News.
“It now appears that this was nothing but a bad-faith stalling tactic to buy Paddle8 time to wire money that should be going to charities to its lawyers.”
Paddle8 Reviews
Swindled by Paddle 8 .....I was the winning bidder for pieces at the paddle 8 auction,
I paid in Full....
they failed to ship items and are now saying they can do nothing for me.
https://www.google.com/amp/s/news.artnet.com/art-world/paddle8-bankruptcy-1806951/amp-page
We are deeply concerned by Paddle8’s bankruptcy filing, particularly given that the director of Paddle8’s board, Peter Rich, specifically acknowledged Paddle8’s payment obligations to the nonprofit charity in writing less than a week ago, and assured us that Paddle8 had ‘made arrangements to settle your client’s monies due immediately,” Paul Cossu, an attorney for the New American Cinema Group, tells Artnet News.
“It now appears that this was nothing but a bad-faith stalling tactic to buy Paddle8 time to wire money that should be going to charities to its lawyers.”