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Re: Orion1972 post# 19170

Thursday, 02/07/2019 10:30:22 PM

Thursday, February 07, 2019 10:30:22 PM

Post# of 37346
That is correct. The SHLDQ shares are staying
with Sears Holdings in Bankruptcy.


The first APA never did propose to take the SHLDQ
shares. It was a misunderstanding of
an excerpt in the proposed “ Order Approving
the APA “:


“ Y. The Sale Transaction does not constitute
a de facto plan of reorganization or liquidation
as it does not propose to (i) impair or restructure
existing debt of, or equity interests in, the Debtors, “


It was only after I figured out that the APA was a
363 Sale - which excludes Commons - that I
realized the Sale was not a Successor Sale which
would have included the Commons.


















After figuring out that the APA was
a
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