I was wondering when this was going to happen, makes no sense for hedge fund be loaning to a company and they are running or ruining it. I could see him losing all the real estate.
Here Are Sears Holding’s Five “Fraudulent Transfers” and Why “Culpable Insiders” Lampert, Mnuchin, et. al Got Sued https://wolfstreet.com/2019/04/18/c...-over-sears-holdings-fraudulent-transactions/
To simply put it, Lampert slept on the job! People knew that Sears was a good short back in 2010. Could have been on the same level as Amazon...such a good name put to waste...smh