Replies to post #17494 on Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

linda,

spent a little bit of time with docket 2339 and will make various comments either standing alone or in response to/discussion with some of your posts re: that docket.

first thing would be to bring attention to page 98/157 of that docket. notice that late december was the target date for filing their por. based on meeting that target date, they didn't expect to get plan confirmation until march 2019.

however, realizing the complexity of their chapt 11 filing, just a couple of days ago shc filed in docket 2312 a request to extend the exclusivity period for being able to file a por out to june 12, 2019 with one 60 day extension to august 12, 2019.

although they reserved the right to further extend, if they meet the above dates, based on the calendar shown on pg 98, one could reasonably assume the plan would not be confirmed until sept 2019 to nov 2019.

even if esl's plan is approved on monday or wednesday of this coming week, it will be MONTHS before any clarification is obtained regarding issues like whether or not the commons survive (although is seems highly likely looking at pages 77-86 of docket 2339) or how much, if any, of the nol's there are.