Samsung called, Please return $74m worth of merchandise to us!![More CC woes]

[jw]

Oh, but we just firesaled them bluray players on Black Friday.........
What do we do?

Samsung Electronics America Dec. 2 said it is demanding that bankrupt Circuit City Stores return nearly $74 million worth of consumer electronics hardware, according to a U.S. bankruptcy court filing.

The Richfield Park, N.J.-based CE manufacturer, with Blu-ray players that were among Richmond, Va.-based Circuit City’s deeply discounted products over the Black Friday weekend, said last month it twice requested the return of shipments from Sept. 21 through Nov. 4.

Circuit City filed for Chapter 11 bankruptcy protection Nov. 10.

“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.

A Circuit City representative was not immediately available for comment.

LINK

Interesting read to the already embattled retailer