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Wednesday, 01/30/2019 3:56:37 AM

Wednesday, January 30, 2019 3:56:37 AM

Post# of 37346
I read this piece online... which was released 17 hours ago.

“Creditors who are owed billions by Sears are fighting the plan and argue they would be better off if the company shuts down and its assets are liquidated. They point to weak sales and continued losses as evidence.

A bankruptcy court judge will hear the arguments in the case Monday.

The holiday shopping season turned out to be disappointing for several major retailers, including Macy's (M), JCPenney (JCP), Nordstrom (JWN) and Kohl's (KSS). All of those companies reported results that fell short of Wall Street expectations. But none of those companies are in bankruptcy and facing pressure to go out of business.”


So the court date is Friday or Monday ?

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