Maybe, just maybe he won't get away with what he did to Sears?
Sears directors tap Evercore to examine former CEO Lampert's deals
https://www.reuters.com/article/us-sears-bankruptcy-evercore-us/sears-directors-tap-evercore-to-examine-former-ceo-lamperts-deals-sources-idUSKCN1N00F7
Stop being sheep, it's over.Plenty of jobs out here. Go for it!!! Nothing on this Earth is forever.
Send Lawyers, Guns and Money!
Game over Dude. The Edmister wins. And will continue to win because the guy with the most gold buys the best justice.
Doesn't mean squat - its a board covering their a$$ and who be the Chairman of Board - why its Fast eddie hisself - in the famous words of Gomer - Surprise... surprise
Standard operating procedure in bankruptcy cases. Did you even read the article?
You hire consultants/advisors to tell you what you what to hear. They know that. It's all just covering your but tocks.
This team reports directly to ESL; not to the creditors committee. The creditors committee will have their own advisers. Reports by this team will neither be made public or available to the creditors committee. They are there to help ESL's lawyers anticipate potential litigation issues.
As a 50% plus shareholder he can also hire and fire; or "vote" if you prefer; his board members.
Nothing will happen other than the board is covering their butt. See nothing inappropriate happened here...move along. Everyone just covering for each other.
Karma to fast Eddie!!