Check this out
https://seekingalpha.com/article/4085017-supreme-court-case-major-impact-sears-holdings
6 replies (most recent on top)
Eddie is so hedged, there is no scenario under which he loses money... He made an obscene amount money with the short squeeze he engineered a few months back, I am talking 100s of millions here - it was a pure genius move for him.
Operational aspects of Sears are an afterthought for Eddie, remember this is a high stake finance poker that's played here and Eddie can see everyones cards...
Let's be serious here. Eddie will be fine. Do you really think he and "his buddies" are responsible for the state we are currently in? Yes, he should have invested in stores in the beginning or at least the profitable stores, but we have been having issues since the late 80's. Truthfully, his financial "deals" have kept us in business for the last 10 years.
I think that would be fair because it be very sad if it goes Eddie's way he and his buddies make the most of it and screw the rest out of what they are entitle to.
That would be perfect.
if not last in line, at least on equal footing
So basically, it's saying that there's a possibility that Eddie would be the last in line in getting all his loan money back. And if that being the case, others would get their money first and depending on what's left after that, Eddie would be getting less than what he loaned out. Is that right?