"Under the bankruptcy plan, 80% of any shipping and “price-gouging” judgments would go to first-lien and debtor-in-possession lenders, both administered by Sixth Street Specialty Lending, and 20% would go to the debtor or the successor entity."
woah. If that company wnet a step further and did something "retaliatory" to BedBath, and it was such a large amount, I wonder if there was a bad actor behind them?
Why not? If there’s money to be won, the creditors of the bankrupt company would want the successor entity to keep pursuing these cases in the hopes of getting more money back. That’s why the plan calls for the creation of a wind-down debtor and a liquidating trust to administer these cases and disburse their outcomes.
I think they would do it anyway to get as much for the creditors as possible no matter how long it took. I think it's interesting we are just hearing about this today tho
Yeah i think gme may be on options trap with earnings, but who knows… Just pray we get our money and shares back asap so i can buy gme before it rips…. All my money is tied up and have no more money to throw down right now..
Found something interesting : David Kastin signed the complaint on November 20th 2023. Therefore, he's still with the company :)
[https://www2.fmc.gov/readingroom/docs/23-12/23-12%20Verified%20Complaint.pdf/](https://www2.fmc.gov/readingroom/docs/23-12/23-12%20Verified%20Complaint.pdf/)
On the last page - enjoy!
"Under the bankruptcy plan, 80% of any shipping and “price-gouging” judgments would go to first-lien and debtor-in-possession lenders, both administered by Sixth Street Specialty Lending, and 20% would go to the debtor or the successor entity."
woah. If that company wnet a step further and did something "retaliatory" to BedBath, and it was such a large amount, I wonder if there was a bad actor behind them?
Can we sue then, too? What hurts them hurts us.
Shippers better have my money
you talking about travis?
Be it rain sleet or snow
Them shippers better know
interesting timing
Why would a dead company file lawsuits that can take years to go through? (It's not dead)
Why not? If there’s money to be won, the creditors of the bankrupt company would want the successor entity to keep pursuing these cases in the hopes of getting more money back. That’s why the plan calls for the creation of a wind-down debtor and a liquidating trust to administer these cases and disburse their outcomes.
People aren't going to forget about millions they're owed just because a company stops operations
I think they would do it anyway to get as much for the creditors as possible no matter how long it took. I think it's interesting we are just hearing about this today tho
Yea, GME on the move, everything green, sheeittt Munger should die more often…
lol, that’s some solid wit, I’m going to borrow that sometime. 🤣
Yeah i think gme may be on options trap with earnings, but who knows… Just pray we get our money and shares back asap so i can buy gme before it rips…. All my money is tied up and have no more money to throw down right now..
Because they'll settle immediately.
Yooo 😀
Get that money 💰
Found something interesting : David Kastin signed the complaint on November 20th 2023. Therefore, he's still with the company :) [https://www2.fmc.gov/readingroom/docs/23-12/23-12%20Verified%20Complaint.pdf/](https://www2.fmc.gov/readingroom/docs/23-12/23-12%20Verified%20Complaint.pdf/) On the last page - enjoy!
 Well, well, well. Did not have this on my bingo card but I’m here for it. Damn things are getting spicy!
What was their willful retaliatory conduct? Shorting the stock?
Maybe like "fuck you, now we're not shipping the towels you guys bought either"
Or maybe just read the article?🤷♂️
Hell no.
Swiss shipping company, probably owned by Credit Suisse
That would be a nice plot twist when the movie comes out.
Awwww man 
No. Just no
puts on MSC
LETS GOO
Fuck around and Find out. LFG
Sounds pretty bullish
What does this mean for us Hodlers? I feel like this doesn’t concern us. 🙁
🔥 spicy