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Replies to post #35590 on Sears Holdings Corp. (fka SHLDQ)
chemist72
06/07/19 2:16 PM
#35592 RE: rc1968 #35590
shareholders should be responsible and they should pony up $55 per share they own to cover the $6B in debt
Generally, shareholders are not personally liable for the debts of the corporation. Creditors can only collect on their debts by going after the assets of the corporation.