Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

i believe that's what the royalties are supposed to cover. if pbgc takes over the two pensions and the chicago court orders it effective as of 1/31/2019 (last thursday) i would think that pbgc is willing to take on the shortfall subject to their ongoing agreement to receive royalties.

i haven't seen anything where they are asking the shortfall to be made up in this bk action.

if drain is employee friendly, he would "clarify" the royalty issue in favor of pbgc. however, according to the article posted, esl is saying pbgc misread the docket, whatever that means. they didn't specify the nature of the "misreading" so who knows?