April 23, 2026
The Eleventh Circuit affirmed much of an order compelling arbitration in the Cayman Islands of claims brought by a seaman who was injured aboard a luxury 288-foot yacht allegedly owned by billionaire and former Sears CEO Edward Lampert, saying its precedent on such matters remains good law.
November 07, 2023
The former CEO of Sears Holdings Corp. urged a Florida federal court on Tuesday to take jurisdiction of a state complaint brought by a yacht manager alleging negligence over a physical injury, saying the worker signed an employment agreement to have disputes resolved in the Cayman Islands before filing a lawsuit.