Toysmart: Stipulation and Order Establishing Conditions on Sale of Customer Information (FTC and debtor, July 20, 2000) (In re Toysmart.com, LLC, Ch. 11 Case No. 00-13995-CJK (Bankr. D. Mass.), Stipulation and Order Establishing Conditions on Sale of Customer Information, Exhibit A to the FTC settlement in FTC v. Toysmart.com, LLC, No. 00-11341-RGS (D. Mass.))
The first template for selling customer data out of bankruptcy: only with the whole business, only to a buyer in the same market that steps into the seller's privacy promises, and with opt-in consent before old data falls under a new policy. The FTC's copy leaves the court's date of entry blank.
Dated 17 Oct 2026Source checked 17 Oct 2026Basis: primary text
In the source's own words
“The Debtor shall only assign or sell its Customer Information as part of the sale of its Goodwill and only to a Qualified Buyer approved by the Bankruptcy Court. In the process of approving any sale of the Customer Information, the Bankruptcy Court shall require that the Qualified Buyer agree to and comply with the terms of this Stipulation. The Qualified Buyer shall treat Customer Information in accordance with the terms of the Privacy Statement and shall be responsible for any violation by it following the date of purchase. ... The Customer Information shall be governed by the Privacy Statement, unless the consumer provides affirmative consent ("opt-in") to the previously collected information being governed by the new policy.”
Figures it counts in
It is shown on its own, not counted into a figure.
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