debt restructuring

hunt and peck · ‎09-03-2013

How is that going for QVC? Anything updated yet?

elated · ‎06-09-2010

The preferred shareholders are holding up the finalization. They are unhappy they will loose all their money.

ellaphant · ‎12-13-2010

@elated wrote:
The preferred shareholders are holding up the finalization. They are unhappy they will loose all their money.

I dont blame them. I would be too

Puppy Lips · ‎05-09-2010

@elated wrote:
The preferred shareholders are holding up the finalization. They are unhappy they will loose all their money.

@elated Is there anything they can do about it?

Always remember that you are absolutely unique. Just like everyone else. Margaret Mead

elated · ‎06-09-2010

@Puppy Lips wrote:
@elated wrote:
The preferred shareholders are holding up the finalization. They are unhappy they will loose all their money.
@elated Is there anything they can do about it?

@Puppy Lips Everyone has to agree on the reorganization or they will fall. They could make some deal with the preferred shareholders so it isn't a loss but who knows. I am surprised that they didn't have some type of arrangement beforehand.

busymom22 · ‎07-26-2017

If you go to ewe toob and search for QVC Bankruptcy hearings, the latest one is from June 10. Evidentally the six billion in debt comes from a lot of shady manipulation and accusations of looting behind the scenes. In this you hear statements of QVC lasting having a zero percent chance of success. It's rather eye-opening and shows you how some higher-ups have had a lot to do with where QVC is now.

wakefield64 · ‎03-10-2010

I read online that 32 hosts voted to become members of SAG....it shows 29 hosts on QVC website and you can probably add Mally for sure, so that leaves 2 more. Not sure what is going on with HSN hosts.

busymom22 · ‎07-26-2017

@wakefield64 wrote:
I read online that 32 hosts voted to become members of SAG....it shows 29 hosts on QVC website and you can probably add Mally for sure, so that leaves 2 more. Not sure what is going on with HSN hosts.

Kind of ironic that this happens at a time when QVC's future is really questionable whether they will even last at all.

Effie54 · ‎09-08-2010

@hunt and peck Try tagging @They CallMe MRWILKES. She seems to know quite a bit about this.

wakefield64 · ‎03-10-2010

@busymom22 wrote:
@wakefield64 wrote:
I read online that 32 hosts voted to become members of SAG....it shows 29 hosts on QVC website and you can probably add Mally for sure, so that leaves 2 more. Not sure what is going on with HSN hosts.
Kind of ironic that this happens at a time when QVC's future is really questionable whether they will even last at all.

@busymom22 Yes agreed, it seems a little late in the game for this. And bankruptcy courts have a lot if power and could possibly throw out an attempt to unionize in this situation even though the reason they gave is to prevent AI usage.