Quantcast
Channel: Daily Bankrupt Company Updates | Bankrupt Company News
Viewing all articles
Browse latest Browse all 4593

Golfsmith Bankruptcy Report Filed

0
0

Golfsmith International Holdings’ U.S. Bankruptcy Court-appointed consumer privacy ombudsman filed a report to assist the Court in its consideration of the facts, circumstances and conditions of the proposed sale and transfer of personally identifiable information (PII) of the Debtors’ customers to Dick’s Sporting Goods and its affiliates.

Among other things, the report notes, “After a review of the facts and circumstances, and as more fully discussed in this Report, the Ombudsman recommends (‘Recommendations’) that the Court approve the proposed sale and transfer of Customer PII to the Buyer, subject to the following conditions: The Debtors demonstrate, and the Court finds, that the Buyer is a ‘Qualified Buyer.'”

The report continues, “The Buyer agrees to notify the Debtors’ customers (‘Customers’) of the sale by providing clear and conspicuous notice (‘Notice’) of the following: (i) Dick’s Sporting Goods, Inc. is the Buyer; (ii) as a result of the sale, Buyer purchased Customer PII; (iii) the Buyer is the successor-in-interest under the Privacy Policy; and (iv) Customers have the opportunity to opt-out from receiving communications from the Buyer, and having their Customer PII transferred to the Buyer….The Buyer agrees to destroy all Customer PII for which it determines it has no reasonable business need in a manner consistent with industry standard data security protections and applicable information security laws and best practices.”

Read more Golfsmith retail bankruptcy news.

The post Golfsmith Bankruptcy Report Filed appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


Viewing all articles
Browse latest Browse all 4593

Latest Images

Trending Articles





Latest Images