Something is not right here, he has giving Eddie extension after extension and multiple datelines. And time after time Eddie comes up short, yet he gets another chance by this judge.
9 replies (most recent on top)
Because no one wants to be responsible for the loss of so many jobs and the destruction of an “icon”. The judge wants history to remember that he tried and gave Sears a chance to figure it out.
The judge isn't really overseeing the process at all. He's letting the inmates run the asylum, and that's not an exaggeration.
the judge has now created competition in an auction which is good to get maximum value for the owed money
Eddie gave the judge 50,000 free ShopYourWay Points in weekly installments.
A lot of it is PR. No one wants to be know as the judge that killed Sears and caused the resulting job losses. Witness the bad press the TRU shut down generated.
Sears is 68,000 people out of 324,000,000 with 600 stores left, and the average customer is 57. It's a drop in the bucket when all is said and done. It's not where America shops anymore.
This is real news and it should be out on te news, but it's all about Trump which is taking away the spot light on sears and Eddie.
Every week this drags out is another week that the government pension guarantor doesn't have to pay out. You can bet that's always something in the back of Judge Drain's mind. Bankruptcies can drag on for years, and judges have no problem with that whatsoever.
You want the real answer? The system is rigged. It's not more simple nor more complicated than that. It's the same reason lowlife id--ts like Basil and Wiser get paid huge salaries while screwing the people underneath them and then said people can't even call them what they are on a public forum without getting the post deleted. This is why people love movies. In real life, the sh*tbags almost always win.