When your bond holders are trying to sell those bonds for pennies on the dollar to cover their asses, you know your a failed asset walking.
There’s a reason why Neiman Marcus is on so many Top 10 lists of expected bankruptcies in 2019.
Trying to shield assets from creditors also seems super shady. Makes you wonder what else they have done in the shadows.
Won’t the Real Slim Shady Please Stan’s Up!