Bankrupt Ritchies Auctioneers Has $8.5 Million In Debt
"It seems likely most creditors, especially consignors whose possessions were sold but who have yet to receive payment from Ritchies, are going to come out of the proceedings empty-handed." It appears that "the money Ritchies collected from auction sales was not put in a separate trust account for consignors." The Globe and Mail (Canada) 11/17/09

Posted November 17, 2009 07:23 AM