Troubled retailer Sears quietly reopens two stores. What is ... - CNN
WebDec 10, 2023 · Samantha Delouya/CNN. Los Angeles CNN — To the casual shopper, Sears, one of America’s oldest retailers, may appear to be on life support. The department store chain that once reinvented how...
‘It’s done, it’s over’: Eddie Lampert’s Sears case won’t go to …
WebPublished March 27, 2023. Daphne Howland Senior Reporter. Daphne Howland/Retail Dive. Last week the Supreme Court delivered a hard stop to arguments made by former Sears CEO Eddie Lampert and...
Sears Hometown files for Chapter 11 bankruptcy protection
WebDec 13, 2022 · Sears Hometown Stores Inc., a franchise-owned unit of Sears, has filed for Chapter 11 bankruptcy protection. Sears spun off Sears Hometown in 2012 to give the parent company a much-needed...
Sears Bankruptcy Judge Orders Ex-Chairman Lampert, Creditors to ...
WebApr 7, 2022 · Bankruptcy. Sears Bankruptcy Judge Orders Ex-Chairman Lampert, Creditors to Mediation. Sears vendors expect the lawsuit to close a $60 million funding gap in the retailer’s chapter 11 plan. By...
Sears Gets Green Light to Wrap Up Bankruptcy Case After 4 Years
WebAug 31, 2022 · A bankruptcy judge signed off on a $180 million settlement of a Sears Holdings Corp. creditor lawsuit against former Chairman Edward S. Lampert and other executives, clearing the final hurdle for...
Sears Holdings $175M settlement with Lampert has court approval
WebApr 26, 2024 · A federal bankruptcy judge in New York has approved an agreement that would resolve years-long litigation between Sears Holdings and former CEO Eddie Lampert as well as other former executives...
Sears’ $175 Million Bankruptcy Deal with Ex-CEO Lampert Approved
WebFacebook. Aug. 31, 2022, 5:57 PM UTC. Sears’ $175 Million Bankruptcy Deal with Ex-CEO Lampert Approved. By Alex Wolf. Alex Wolf. Reporter. Deal ends complex litigation over $2 billion in pre-bankruptcy transfers. Resolution helps bring Chapter 11 to close, pay creditors. The bankrupt estate of Sears Holding Corp. won court approval to settle ...
Sears creditors seek court's OK for $35 mln litigation funding deal
WebMay 2, 2022 · (Reuters) - Creditors of bankrupt Sears Holdings Corp have run out of money to continue litigating billion-dollar claims against former chairman Eddie Lampert and a host of other defendants who...
Sears Holdings reaches $175M settlement with Lampert and …
WebPublished Aug. 11, 2022. Ben Unglesbee Senior Reporter. Ben Unglesbee/Retail Dive. Listen to the article 3 min. Dive Brief: After nearly four years in bankruptcy, Sears Holdings and its one-time...
Sears is shutting its last store in Illinois, its home state
WebSep 16, 2021 · Key Points. The last Sears department store located in the retailer’s home state of Illinois is getting ready to close its doors for good. The shop, located in Simon Property Group’s Woodfield...
Skip to content