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Re: bar1080 post# 3597

Saturday, 11/03/2018 5:50:28 PM

Saturday, November 03, 2018 5:50:28 PM

Post# of 37346
Some vendors trying to get goods back

Did you see where Whirlpool filed to get goods delivered with 45 of the filing returned to them?

The justification was that SHLDQ was insolvent when the order and delivery was made, so Sears should return the goods and not get to sell them.

Louis J. Desy Jr.

P.S. I am expecting an eventual Chapter 7 ending for Sears. Even without any debt or interest payments, they still lose money. Any debt that got converted to equity into a 'NewCo' would continue to have the value of what it has in Sear shrink.

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