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Bandbox goes belly up


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  • 2 weeks later...

I ended up filing a claim through PayPal, and thanks to their 180 day money back guarantee, I was refunded for my purchase (minus 1 cent). I was really expecting them to to say, sorry there's nothing we can do because Bandbox has essentially gone under, but that was not the case.

The process was pretty easy through PayPal. The only glitch was I couldn't complete the forms for the full amount of the purchase. I kept getting an error stating that the claim could not be for the full amount..... not sure what's up with that, so i filed the claim for the full amount minus a penny. I received my refund today.

Edited by niblips
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  • 1 month later...
8 hours ago, LIGMA_BALLZ said:

Yea I don’t get it, I’ve seen the superchunk exclusive for sale on discogs and some other sites.  I don’t know if it’s legit, but if they had these why didn’t they just ship them out?

I'm assuming when they filed for bankruptcy, they ceased operations and remaining assets were put up for auction. 

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On 4/24/2024 at 11:36 AM, LIGMA_BALLZ said:

Yea I don’t get it, I’ve seen the superchunk exclusive for sale on discogs and some other sites.  I don’t know if it’s legit, but if they had these why didn’t they just ship them out?

Inventory doesn’t magically box and ship itself out. Assuming these guys were really that bad off I’d say it’s safe to say they couldn’t afford the labour required to fulfill orders.

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On 4/24/2024 at 5:48 PM, ntslash said:

I'm assuming when they filed for bankruptcy, they ceased operations and remaining assets were put up for auction. 

Different sort of bankruptcy as they immediately went into receivership and all of their assets are under the control of Lighthouse (https://lighthousemanagement.com/). Nobody knows what Lighthouse intends to do, but liquidation/auction of what they have is likely. Part of the mess is that it's still difficult to prove which records were actually pressed and who has them. Of the records that were pressed, Bandbox never paid the pressing plants for some, so those are still owned by the plants and not with Lighthouse. Customers probably have a better shot at those records than getting anything from Lighthouse, records or refunds, because we're the lowest priority of creditors.

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new email:

Quote

To Whom It May Concern: 
 
As you know, Bandbox filed an Assignment for Benefit of Creditors. The Assignee has now entered into an agreement to sell the assets of Bandbox. The Assignee has filed a motion requesting that the Court approve the sale, the distribution of the net proceeds and the final report and discharge of the Assignee. Linked at the bottom of this email you will find the documents filed in this case. The Court has scheduled a hearing on this for June 6th, 2024.
 
As part of the sale, the purchaser, Haughton Elevator Company LLC has agreed to facilitate the fulfillment of certain of the prepaid orders outstanding with Bandbox. To that end, Haughton has issued the following statement:
 
“We at Haughton know first-hand how upsetting Bandbox’s cease in operations has been. We diligently worked with Lighthouse Management Group to reach this agreement and are well positioned to make this right. Upon approval, VinylBox, our partner, will begin the process to ensure customers receive any available vinyl orders that were originally placed with Bandbox.”
 
Further information from Haughton Elevator Company LLC is available at https://vinylbox.co and [email protected].

seems outstanding orders will get fulfilled?

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