Douglas Wilson Companies (DWC) is named as assignee in Assignment for the Benefit of Creditors.

Project Description

Once valued at $4 billion, Zulily ABC was an e-commerce company headquartered in Seattle, WA. The company had two 700,000+ square foot warehouses located in Nevada and Ohio that held over 1.6 million in total units of product and extensive conveyor and racking inventory systems.

Scope of Work

DWC was able to quickly identify four categories of recovery: a) physical inventory, b) mechanical, racking and equipment, c) IP assets, and d) interest in a large lawsuit against Amazon, a prominent e-commerce rival that had the potential for an extremely large claim. Despite a series of challenges, mainly due to the company owing tens of millions of dollars to important vendors, DWC was able to successfully liquidate all physical inventory within a minimal 3.5 month period. Further, DWC was also able to create a bidding war for the IP assets which resulted in a recovery 9x the originally estimated value. Lastly, DWC worked with the relevant landlords to obtain mutually beneficial agreements allowing the liquidation to be carried out in an orderly fashion maximizing the recovery for the estate. On the other side of the equation, DWC was able to collect, organize and notice nearly 600,000 creditors of the estate within a 30-day period. The creditor claims process remains ongoing, however, it has already resulted in the review of over $60M worth of claims.

Project Resolution

This project remains ongoing, however, DWC has already completed the sale of the company’s IP, physical inventory, and mechanical and equipment assets resulting in over $10M of value – with additional assets remaining to be liquidated.

Page Title

Zulily ABC, LLC


Zulily, LLC



Service Provided

Assignment for the Benefit of Creditors (ABC)

    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.


    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101


    (619) 641-1141


    [email protected]