They are negotiating the issues with the threat of bankruptcy filing at this time. Saves all the legal court things.
I wonder how much Saks Global has lost paying “reparations” to gangs of looting ‘teens?’
They went woke and one of the things did was stop carrying Trump’s daughters merch
If anyone even thinks of shedding a tear for these clowns this link will cure it:
https://www.saksfifthavenue.com/c/the-edit-content/053122/lgbtq-fashion
Go woke.
Go broke.
Bye bye!
11, not 7.
That’s the important part.
More here...
At this point, I wouldn’t recommend new lending except as part of post petition priority financing.
The usual response to “lend me more money or I’ll file for bankruptcy” is “File for bankruptcy and I’ll lend you money”.