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Sears sues Mnuchin and other former board members

The retailer is suing its former chairman, Eddie Lampert, Treasury Secretary Steven Mnuchin and others for allegedly stripping it of billions of dollars as it collapsed into bankruptcy......»»

Category: topSource: washpostApr 19th, 2019

Sears is suing Steven Mnuchin and other former board members

The retailer is suing its former chairman, Eddie Lampert, and others for allegedly stripping it of billions of dollars as it collapsed into bankruptcy......»»

Category: topSource: washpostApr 19th, 2019

Sears sues Lampert, claiming he looted assets and drove it into bankruptcy

Sears Holdings Corp sued longtime former chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury Secretary Steven Mnuchin, claiming they illegally siphoned billions of dollars of assets from the retailer before it went bankrupt......»»

Category: topSource: reutersApr 18th, 2019

CEO"s new bid to revive Sears will kill off the retailer once and for all, say critics

Sears CEO Eddie Lampert wants to buy Sears' Kenmore brand, its home-improvement business, its Parts Direct division, and some or all of the company's real estate through his hedge fund, ESL Investments......»»

Category: topSource: moneycentralApr 24th, 2018

"CEO"s new bid to revive Sears will kill off the retailer once and for all"

Sears CEO Eddie Lampert wants to buy Sears' Kenmore brand, its home-improvement business, its Parts Direct division, and some or all of the company's real estate through his hedge fund, ESL Investments......»»

Category: topSource: moneycentralApr 24th, 2018

Sears CEO pushing to sell Kenmore, real estate

Sears CEO Eddie Lampert is looking to sell the distressed retailer's Kenmore appliance brand and real estate. Elizabeth K.....»»

Category: topSource: usatodayApr 23rd, 2018

Is Sears Disappearing Before Our Eyes?

Sears CEO Eddie Lampert's hedge fund has sent a letter to the retailer's board suggesting a sale of the Kenmore brand along with other assets and real estate. And, by the way, his fund is an........»»

Category: blogSource: 247wallstApr 23rd, 2018

Sears" CEO Eddie Lampert proposes massive deal to buy the struggling retailer"s Kenmore brand, real estate, and other assets (SHLD)

AP ESL Investments, the hedge fund led by Sears CEO Eddie Lampert, has proposed a deal to purchase Sears' Kenmore brand, its home improvement business, Parts Direct divisi.....»»

Category: topSource: businessinsiderApr 23rd, 2018

Sears CEO Eddie Lampert offers tentative deal for real estate, Kenmore

Sears Holdings CEO and hedge fund investor Eddie Lampert offered to work out a possible deal buy the distressed retailer's real estate, Kenmore brand and other assets. The letter could acc.....»»

Category: topSource: usatodayApr 23rd, 2018

Sears CEO Lampert has new rescue plan, but says Sears must "act immediately"

Eddie Lampert, CEO of Sears Holdings Corp., says his ESL Investments hedge fund has a new plan to rescue the beleaguered retailer, but Sears must "act immediately" to avoid bankruptcy. In a proposal unveiled Sunday, Lampert and ESL propose to reduc.....»»

Category: topSource: bizjournalsSep 24th, 2018

Sears CEO Lampert has new rescue plan, but says retailer must "act immediately"

Eddie Lampert, CEO of Sears Holdings Corp., says his ESL Investments hedge fund has a new plan to rescue the beleaguered retailer, but Sears must "act immediately" to avoid bankruptcy. In a proposal unveiled Sunday, Lampert and ESL want to reduce th.....»»

Category: topSource: bizjournalsSep 24th, 2018

To avoid bankruptcy, Sears CEO proposes selling off real estate. The retailer has tried that move before. - Chicago Tribune

Chicago TribuneTo avoid bankruptcy, Sears CEO proposes selling off real estate. The retailer.....»»

Category: topSource: googlenewsSep 28th, 2018

To avoid bankruptcy, Sears CEO proposes selling off real estate. The retailer has tried that move before.

To stave off bankruptcy, Sears CEO Edward Lam.....»»

Category: topSource: chicagotribuneSep 28th, 2018

Sears hires advisers for bankruptcy filing ahead of debt payment: WSJ

Debt-laden retailer Sears Holdings Corp has hired advisers to prepare for a possible bankruptcy that could come ahead of a debt payment due next week, the Wall Street Journal reported on Tuesday, citing sources......»»

Category: topSource: reutersOct 10th, 2018

Sears stock dives 30 percent on news of bankruptcy preparations

Sears' stock lost nearly a third of its value in morning trading Wednesday after a report said that the beleaguered retailer had hired advisers to prepare for a bankruptcy filing ahead of a debt payment deadline......»»

Category: topSource: moneycentralOct 10th, 2018

Is This the End of Sears Holdings?

Bankruptcy looks to be dead ahead for the once-iconic retailer......»»

Category: topSource: foxnewsOct 11th, 2018

Sears files for bankruptcy as Lampert steps down as CEO

Sears, which has stores anchoring four Hawaii shopping malls, has filed for Chapter 11 bankruptcy protection with plans to keep hundreds of stores open for now under a deal reached with its lenders, while the retailer's Chairman Eddie Lampert has .....»»

Category: topSource: bizjournalsOct 15th, 2018

Sears files for bankruptcy, will close 142 more stores, CEO steps down

Sears, the 125-year-old retailer that shaped American buying habits during much of the 20th century, filed for bankruptcy protection on Oct. 15 just ahead of the key Christmas shopping season. Sears Holdings Corp. (Nasdaq: SHLD), which owns Sears.....»»

Category: topSource: bizjournalsOct 15th, 2018

Sears files for bankruptcy, will close 142 stores

Sears, the 125-year-old retailer that shaped American buying habits during much of the 20th century, filed for bankruptcy protection on Monday just ahead of the key Christmas shopping season. Sears Holdings Corp., which owns Sears and Kmart, filed for.....»»

Category: topSource: bizjournalsOct 15th, 2018

Breakingviews TV: Sears no buck

Oct 15 - Jen Saba explains how bad things have become at famed but faded U.S. retailer Sears, which has filed for bankruptcy protection. Major investor and chairman Eddie Lampert may be at the end of the road......»»

Category: videoSource: reutersOct 15th, 2018