Gee if all unpaid consignors are as...understanding as turtleguy64, Doug, despite not being responsible for those unpaid consignors because they are Mastro's burden, should sleep better at night.
Doug certainly seems to be the spokesperson for Mastro, at the very least, based on the way this article was written.
From the NY Daily News blog linked in the first post.
Allen said he no longer has any responsibilities at Mastro, which shut down because of financial problems. The first priority, he said, was to pay back money it owed to the bank. After that, Mastro intended to pay Dodaro and all other consignors, he said.
"They're not filing bankruptcy. They're not insolvent," Allen said. "They just have liquidity issues."
He said he remains in contact with the folks at Mastro, but Legendary Auctions is not responsible for Mastro's debts. Legendary, he said, is a completely separate entity.
"It's not a shell game where we said, 'Let's close this company and start a new one,' " Allen said. "It's not that."
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