November 16, 2024 9:48 am
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New Jersey company buying SkyMall in bankruptcy auction

Screen Shot 2015-04-01 at 7.14.06 AMBy Russ Wiles | The Republic | azcentral.com

A New Jersey company that makes and markets everything from Polaroid photo equipment to kitchen gadgets has emerged as the new owner of Phoenix-based SkyMall.

C&A Marketing is paying $1.9 million for the bankrupt online retailer, which is best known for offering quirky consumer products through catalogs placed in the pockets or flaps of airline seats. Along with $1 million in cash, C&A Marketing is issuing a promissory note for $900,000.

The purchase was scheduled to close by Wednesday, said Chaim Pikarski, executive vice president and co-owner of C&A Marketing, during a stop in Phoenix.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.