[barrysloate]

My two cents:

While I do not believe the principals at Legendary have made a conscious decision to not pay consignors, the way they have launched their new business is nothing short of stupefying. On the one hand they apparently had consignments left over from Mastro that they wanted to sell; on the other hand they were not in a financial position to properly conduct business. While I am certain bidders will still participate in their auctions if they see something they need, consignors will surely look elsewhere to place their material. I find this whole thing unfathomable.