Replies to post #28487 on Sears Holdings Corp. (fka SHLDQ)

[berdboy]

WOW...AMAZING WORK! MAKES IT MORE CLEAR FOR THE LAYMAN..EVEN THOUGH LAMPERTS PLANS ARE CLEAR AS MUD... SHLD

[jimr1717]

Nice job

[chemist72]

Read through your entire post and among others, one thing in particular struck me.

Buyer may, at any time on or before the earlier of (i)15 days prior to the effective date of the Bankruptcy Plan and (ii) December 1, 2019, elect....

This implies that an "effective date" of the BK plan has already been determined or will be determined before Dec, 1, 2019.

Do you have any definitive information on the effective date if it has already been determined and disclosed in any of the BK court documents?

If you have already answered this question, I apologize. You can either simply restate it in a reply to me or just refer me to a post which discloses this info.

TIA

[Mehdi]

Awesome answer!!! Thanks for the details.

I think you may have the incorrect CID definition in your post. The one we should be looking at is under 368(a)(1)(G), which is different from the one you quote [368(a)(1)(A)].

This is the reason that led me to believe old stockholders need to approve via POR for the 363 sale to be tax-free.

Do you confirm ?