The best part about this is that the CEO insists that the agreement with the previous store owner is null (thus relieving him of the burden of paying 200k), and yet he also insists on keeping the Lego collection set and selling it. It's comical.
From what I understand ownership of the Lego sets never left the Mansells. The consignment agreement states as much. Even if we take what corporate says at face value (there was no agreement, or the agreement is null, or it's an agreement that the previous owners agreed to) that still just means that the store possesses property that they do not legally own. Whether or not they legally came to possess the sets seems…
Even if the consignment was undone, they don't get to just keep the collection. The agreement can almost certainly be terminated, but the collection would then be returned to Mansell.