The real estate is the key. But the problem is there is a glut of retail store property now. It’s not like JCP is the only retail bankruptcy out there.
It is unlikely to do as well as most seem to hope.
"the clear case for a FULL, FAIR, REAL valuation of JCPs real estate assets. Encumbered and unencumbered. With 'differences' in the billions, thats not unreasonable to demand."
WHY does the JUDGE , NOT want an EC? It costs him nothing.
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