Thread regarding Sears layoffs

So Pre-Petition back wages are in the wind down account then

That account had $120 million in it. Any actuary want to break down the disbursements by class?

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| 653 views | | 1 reply (August 15, 2019) | Reply
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$120 million? That's really not a lot considering all the legal fees that were billed and have to be paid. Administrative expenses are paid first and then if there is any money left wages are paid. I wouldn't count on severance.

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