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The latter. They invest heavily in FF&E and the landlord gets to keep the improvements no matter what
by jdross 7y ago
The latter. They invest heavily in FF&E and the landlord gets to keep the improvements no matter what
- Someone 7y agoThen, the mother company can indeed get out fairly easily, at the price of some goodwill, making it, IMO, a (possibly only slightly) less risky investment.
- Glibaudio 7y agoWe will have to leave the glass walls and wood floors, but the other stuff should be movable and liquidated to help We's balance sheet. "FF&E are movable furniture, fixtures, or other equipment that have no permanent connection to the structure of a building or utilities. These items depreciate substantially but definitely are important costs to consider when valuing a company, especially in liquidation." https://en.wikipedia.org/wiki/Furniture,_fixtures_and_equipment_(accounting) https://en.wikipedia.org/wiki/Furniture,_fixtures_and_equipm...