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Circuit City asked to return products to Samsung

According to a US bankruptcy court filing, Samsung Electronics America has said that it is demanding that bankrupt Circuit City returns nearly USD74 million worth of consumer electronics hardware. Samsung said last month it twice requested the return of shipments of goods from 21 September through 4 November. “Samsung now has reason to believe that Circuit City Stores was insolvent at the time it received the goods,” said the manufacturer in the filing.

 www.planetretail.net

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According to a US bankruptcy court filing, Samsung Electronics America has said that it is demanding that bankrupt Circuit City returns nearly USD74 million worth of consumer electronics hardware. Samsung said last month it twice requested the return of shipments of goods from 21 September through 4 November. “Samsung now has reason to believe that Circuit City Stores was insolvent at the time it received the goods,” said the manufacturer in the filing.

 www.planetretail.net

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Circuit City asked to return products to Samsung
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