Sears Faces Challenges To $5B Sale Plan, Store Closures

By Rick Archer · February 4, 2019, 9:02 PM EST

Objectors to the proposed $5.2 billion sale of Sears Holdings Corp. to ESL Investments Inc. questioned the sale agreement's legal releases, the solvency of the Sears estate and planned store closures...

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Case Information

Case Title

Sears Holdings Corporation

Case Number

7:18-bk-23538

Court

New York Southern

Nature of Suit

Date Filed

October 15, 2018