HOW WAS THIS NOT ALREADY THE CASE?
Judge Jones was already assigned as a court-mandated financial monitor for the trial and the next three years.
This financial monitor up until today WAS NOT included in communication or documentation, of the company she financially monitors due to their previous history of financial misrepresentations when obtaining financing, as it attempts to obtain financing?!
America is stupid. Honestly.
Hedge fund gobbled for raping capital.
Forced sale by Darden by activist (hedge) investors.
New hedge fund owned RL company immediately sells all its property (land & buildings) to separate property company owned by hedge funds.
Big dividends for hedge funds! Billions sucked out of company into shareholder pockets.
New RL then leases all properties, incurring higher costs (now paying rent!)
Pandemic.
5 year leases all up! Property company raises rent!
RL can't afford higher rent on all locations, no longer has capital to borrow against (all sold 5 years ago), and goes bankrupt.
MBAs are destroying the world.