Wed, January 9, 2019
The practice of using giftco Structures is up for discussion again, as a Delaware Court recently found Overstock.com guilty of failing to report nearly $3 million in unredeemed gift card balances through the use of a gift card structure.
In the wake of this decision, retailers must re-evaluate whether or not the use of giftco structures is worth the potential risk and financial impact, and what alternatives may be more advantageous.
Speakers from Keane and Alston & Bird LLP will provide insight into this current compliance and operational challenge facing the retail industry.
Our 45-minute webinar will include:
- Giftco Structures: A refresher on what they are and how they’re used
- Overstock Decision: What happened?
- Implications for Gift Card Issuers: What should you consider?
- Courses of Action: What should you do now?
- Questions & Answers