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A comment on WeWork’s CEO Makes Millions as Landlord to WeWork. Parent comment

Re:WeWork’s CEO Makes Millions as Landlord to WeWork by jhall1468 on Wednesday January 16, 2019 @11:27AM (#18922187)
That is not what happened. The Chairman was buying Sears out of bankruptcy using his fund. He didn't approve it, an independent law firm did (they rejected his first bid), and it still has to be approved by a bankruptcy judge, which isn't a foregone conclusions, since Sear's unsecured creditors are going to fight it.
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Re:WeWork’s CEO Makes Millions as Landlord to WeWork by bduerst on Wednesday January 16, 2019 @12:09PM (#18922580)
I think their point isn't about the recent bankruptcy, but that he bought out controlling shares of Sears, sold himself the retail property of Sears and KMart, and then started charging rent to the public company.
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Re:WeWork’s CEO Makes Millions as Landlord to WeWork by jhall1468 on Wednesday January 16, 2019 @12:39PM (#18922908)
Right, and he didn't approve any of those real estate deals. They weren't sweetheart deals.
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Re:WeWork’s CEO Makes Millions as Landlord to WeWork by wavefunction on Wednesday January 16, 2019 @12:58PM (#18923127)
Personally you could never convince me that this sort of Sears situation wasn't engineered by people following exacting legal advice.
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Re:WeWork’s CEO Makes Millions as Landlord to WeWork by scott_s on Wednesday January 16, 2019 @01:42PM (#18923623)
For more on that: https://prospect.org/article/how-sears-was-gutted-its-own-ce...
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Re:WeWork’s CEO Makes Millions as Landlord to WeWork by unwabuisi on Wednesday January 16, 2019 @03:06PM (#18924513)
Thank you for this link
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