What do you make of today’s hearing? Are vultures circling a Houston bankruptcy of an iconic American brand?

To me it sounds like a court battle is planned in the QVC bankruptcy, in which investors of the sort sometimes referred to as “vulture investors” - that allegedly bought stakes in QVC when it was already financially distressed - will put on evidence towards trying to propose a different plan for QVC to exit bankruptcy under which they are paid more than the smooth sail in and out of bankruptcy the company lawyers would have preferred.

This kind of contentious litigation may be concerning to QVC suppliers, insurers and other interested parties - at a minimum because it is costly and preparation for hearings such as the upcoming distracts bankrupt companies’ management. Maybe that is why the planning hearing is so vague as to  ...