Tuesday, February 5, 2019

Dispute between Sears and Eddie Lampert's hedge fund could jeopardize bid to save retailer

USA Today
A new dispute between Sears Holdings and its prospective buyer could jeopardize the last-minute bid to save the retailer from liquidation.

Sears bankruptcy attorney Ray Schrock said Monday in a court hearing that the company does not agree with hedge fund ESL Investment’s interpretation of their deal to preserve Sears in shrunken form.. . . more