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eq001

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eq001

Re: DAD2 post# 4607

Friday, 01/16/2015 7:24:28 AM

Friday, January 16, 2015 7:24:28 AM

Post# of 6457
Notice some of the wording. MOST of Radioshack's inventory is collateral for ABLs. If they liquidate collateral "outside" of bankruptcy they could be in trouble! Although unlikely top executives could find themselves personally liable; unless they at least sought legal advice or approval from their lenders before liquidating assets.

Meanwhile, RadioShack is in talks with a private-equity firm that could buy its assets out of bankruptcy, the people said.
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