View Single Post
Old 05-04-2020, 09:03 PM   #17
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 11,657
Karma: 123043382
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: T100TA,PW2,PRS-T1,KT,FireHD 8.9,K2, PB360,BeBook One,Axim51v,TC1000
Quote:
Originally Posted by DuckieTigger View Post
Bankruptcy is a steep price to pay, and not in the interest of B&N. Also through bankruptcy the landlord would have a chance to get some money back.
The reason B&N has been avoiding chapter 11 is the fear the big publishers will demand payment for books in stock instead of taking them back for credit, as they did to Borders. And that was before the crisis.

Making the landlord sue buys time until the lockdowns loosen and they have a chance to earn some liquidity.

Last edited by fjtorres; 05-04-2020 at 09:14 PM.
fjtorres is offline   Reply With Quote