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Sears Holdings Corporation

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Case overview

Case Number:

7:18-bk-23538

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. May 14, 2021

    Sears Vendors Ask Judge To Reject New Professional Fees

    A group of Sears' post-Chapter 11 vendors is asking a New York bankruptcy court to reject the company's request to increase the fees it's paying the firms working on its clawback claims, saying payments to vendors should come first.

  2. June 10, 2020

    Mall Of America Takes Sears Lease Row To 2nd Circ.

    The owners of the Mall of America told a New York federal judge Wednesday that it will be asking the Second Circuit to review her determination that she lacked the authority to rule that Sears' new owners can't assume the bankrupt retailer's Mall of America lease.

  3. April 23, 2020

    Sears Gets Nod On $154M Ch. 11 Deal With Canadian Unit

    A New York bankruptcy judge has approved a $154 million settlement between Sears Holdings Corp. and Sears Canada Inc. over a suit by the Canadian retail chain seeking to claw back a 2013 dividend payment to its parent company and shareholders.

  4. February 28, 2020

    New Sears Owner Can't Assume Mall Of America Lease

    A New York federal judge has found the new owner of Sears Holding Co.'s stores can't assume the retail chain's Mall of America lease unless it can show it has something similar to Sears' financial stability at the time it first rented the space almost three decades ago.

  5. January 13, 2020

    Sears, ESL Reach $18M Settlement Of Sale Dispute

    Sears has told a New York bankruptcy court that its buyer ESL Holdings has agreed to pay $18.3 million to resolve the last disputed issues over who owes what under ESL's $5.2 billion deal to purchase the retail chain last year.

  6. December 13, 2019

    Sears Ch. 11 Board Can Get Bonuses For Litigation

    A New York bankruptcy judge Friday approved litigation-based bonus compensation for members of Sears Holding Corp.'s liquidating trust board over the objection of vendors questioning the size of the bonus and how it was decided.

  7. December 11, 2019

    Court Expert To Examine Sears-ESL Sale Disputes

    A New York bankruptcy judge has appointed an independent expert to examine a months-old wrangle between Sears Holding Corp. and ESL Investments over whether Sears short-changed ESL by tens of millions of dollars in their $5.2 billion deal earlier this year.

  8. November 08, 2019

    Kmart Seeks $7.7M In Clawbacks From Vendors, Contractors

    Sears Holding Corp. subsidiary Kmart is asking a New York bankruptcy judge to claw back nearly $7.7 million paid to vendors and contractors in the three months prior to Sears' Chapter 11 filing.

  9. October 15, 2019

    Sears Wins Approval Of Ch. 11 Plan, But Exit Isn't Imminent

    A New York federal judge on Tuesday confirmed Sears' Chapter 11 plan that sets aside $3 million for retirees and will allow post-bankruptcy vendors to receive 75 cents on the dollar, while keeping the case open until the retailer can recoup some of the expenses it has racked up in bankruptcy.

  10. October 03, 2019

    Sears Seeks OK For Ch. 11 Plan, Creditor Settlements

    Sears Holding Co. asked a New York bankruptcy judge Thursday to approve an open-ended Chapter 11 plan that sets aside $3 million for retirees and will allow post-bankruptcy vendors to receive 75 cents on the dollar by the end of the year.

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