LIMITED OBJECTION OF SERVICE.COM TO
GLOBAL ASSET SALE TRANSACTION AND STATEMENT
OF CONTINUED INTEREST IN PURCHASE OF
SEARS HOME IMPROVEMENT BUSINESS
Docket 2029
Debtors won't return $6 million security deposit
3 replies (most recent on top)
Better off under Eddie. Service.com is not suited to bring on that business and shouldn’t waste their money. Financials for home services are Smokey mirrors and shell game. SHIP is not a profitable business standalone
They claim the reason their financing fell through though was because the debtors didn't provide timely and sufficient information that they needed, plus ESL meddled multiple times in the past to prevent them from previously consummating the transaction. Fun fact, you can read the redacted portions by highlighting them and copy/pasting somewhere else, lol.
This is an interesting one. They claim they didn't have their finances setup and now ESL is taking it. Not sure how this one will play out...