Thread regarding Sears layoffs

Objection to a Motion by US Trustee

In part: (Docket 225)

  1. The Motion seeks a waiver of compliance with various state and local “laws,

rules, or regulations regarding licensing or other requirements governing the conduct of store

closings, liquidations, or other inventory clearance sales.” Motion, ¶ 19. Such a waiver would

relieve the Debtor of complying with “fast pay laws” that require payment of terminated

employees within a specific timeframe. Id. at 48. It would also relieve the Debtor of

complying with license requirements, waiting periods, time limits, and other procedures for

store closing liquidation or similar acts.

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Post ID: @OP+VLwrNMX

14 replies (most recent on top)

If your sleeping with dogs you can't be surprised that you have fleas. Sleep with Eddie don't be surprised your thought of as a slim ball.

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Post ID: @1ddn+VLwrNMX

The cash burn is more than what the stores are bringing in.... Sears is running out of money and doesn't have enough ( money) to make it thru the end of the year.

This is a legal coin flip. Heads, we pay the employee's, liquidators and comply with local regulations, Tails we shut the doors.

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Post ID: @1cia+VLwrNMX

Is this basically saying Sears can get away with more b---s---?

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Post ID: @1jai+VLwrNMX

"And yes I realize my phone changed it to the wrong word. That is why you don't rant on a place like this. It isn't formal."

Formality or lack thereof has nothing to do with it. And stop blaming your phone; without your phone you would have 10x the spelling errors and you damn well know it.

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Post ID: @1sbu+VLwrNMX

And yes I realize my phone changed it to the wrong word. That is why you don't rant on a place like this. It isn't formal.

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Post ID: @1kkg+VLwrNMX

An ellipse is 3 not 4 dots. If you are going to rant about poor education then do not make a mistake yourself.

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Post ID: @1hoz+VLwrNMX

@1ocz is regrettably correct. I am astonished when reading some of the posts here. I don't want to label people as stupid, they are simply poorly educated. And one could debate the topic of public education here in the U.S. for hours. So many students have had a disservice done to them in our schools. It is said that a college education today is the equivalent of a high school education 30 years ago. So where does a high school education today equate from 30 years ago? A middle school or grade school education? Very sad what has happened in so many school districts....(off topic, I know).

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Post ID: @1zyf+VLwrNMX

"No need to be so rude. Deciphering legal documents is not something most people are very good at."

Neither is basic grammar and spelling in their native language, judging by 90% of the posts on here.

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Post ID: @1ocz+VLwrNMX

No need to be so rude. Deciphering legal documents is not something most people are very good at. People can be a great retail employee without ever having seen an "objection to a motion" before. And the OP didn't exactly write much of a post - pasted quote from a PDF without bothering to take out the extraneous linebreaks, and provided no information about it being objected to other than the title.

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Post ID: @1pxs+VLwrNMX

Jesus. Some dumb ( ! ) that don't work for Sears post here!

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Post ID: @eoi+VLwrNMX

It means Sears wants to get out of abiding by regulations that protect vendors and emoyees I think. So if you are an employee you should thank the trustee and hope he geys support

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Post ID: @ebu+VLwrNMX

Jesus there are some real dumb--ses here. No wonder you still work at Sears.

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Post ID: @bxz+VLwrNMX

So?

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Post ID: @iwp+VLwrNMX

What does this mean?

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Post ID: @hfs+VLwrNMX

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