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Re: thelionwarrior post# 31117

Friday, 03/01/2019 2:33:09 PM

Friday, March 01, 2019 2:33:09 PM

Post# of 37346
no, actually you are making my point.

the apa, in section 9.2 states that eddie will direct old sears to take certain actions, some of which might be to convert some subsidiaries into llc's.

the example of activities taking place in delaware involved setting up the hoffman estates corporate campus as a separate llc.

the hoffman estates corporate campus IS NOT one of the subsidiaries of shc which filed for bk.

this is an action eddie is taking.

this example leaves NO VALUE with old sears. if you will note, the llc is TF Hoffman Estates as in transform holdco. not shc or shldq.

and if you actually take the time to read the docket, it does not say that all sears and affiliates would be turned into llc's.

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