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1. • Chapter 11 bankruptcy on Oct. 15, 2018

     • Sears Holdings (SHLD) filed for Chapter 11 bankruptcy on Oct. 15, 2018. A wave of store closures and deals in desperate attempts to stay afloat failed to save the struggling retailer, which listed $6.9 billion in assets and $11.3 billion in liabilities in the filing.
     www.investopedia.com › news › downfall-of-sears

     Who Killed Sears? Fifty Years on the Road to Ruin - Investopedia

2. People also ask

   When did Sears go bankrupt?

   • Sears Holdings filed for Chapter 11 bankruptcy on Oct. 15, 2018, at which time it had 700 stores across the U.S., $6.9 billion in assets and $11.3 billion in liabilities. Eddie Lampert, chairman of Kmart, purchased Sears for $11 billion in 2004, changing the name of the company to Sears Holdings.

   Who Killed Sears? Fifty Years on the Road to Ruin - Investopedia

   www.investopedia.com/news/downfall-of-sears/

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   Will Sears pay $175 million if a bankruptcy settlement is approved?

   • If approved by a federal bankruptcy judge, the settlement could resolve years-long litigation filed against Lampert and other defendants over allegations of asset stripping and “rank” self-dealing in the years leading to Sears Holdings’ 2018 bankruptcy. The settlement would pay plaintiffs $175 million.

   Sears Holdings reaches $175M settlement with Lampert and company

   www.retaildive.com/news/sears-holdings-175m-settlement-eddie-lampert/629425/

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   Does Sears have a Chapter 11 bankruptcy?

   • Sears Holdings Corporation and certain of its subsidiaries (collectively, the "Company") have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

   Kroll Restructuring Administration

   restructuring.ra.kroll.com/sears/

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   Will Sears go bankrupt in 2022?

   • For years, it seemed like there was no end in sight for Sears’ bankruptcy process, even though it technically concluded in late 2022 after three contentious years, following decades of struggle. Lampert’s history with the retailer began nearly 20 years ago as an investor, with stints as CEO and board chair.

   ‘It’s done, it’s over’: Eddie Lampert’s Sears case won’t go to Supreme

   www.retaildive.com/news/supreme-court-declines-to-hear-sears-case-eddie-lampert/645994/

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3. restructuring.ra.kroll.com › searsKroll Restructuring Administration

   restructuring.ra.kroll.com › sears

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   Oct 15, 2018 · Sears Holdings Corporation and certain of its subsidiaries (collectively, the "Company") have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The Company intends to use this process to position it to establish a sustainable capital structure ...

4. www.investopedia.com › news › downfall-of-searsWho Killed Sears? Fifty Years on the Road to Ruin - Investopedia

   www.investopedia.com › news › downfall-of-sears

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   Mar 3, 2024 · Sears Holdings (SHLD) filed for Chapter 11 bankruptcy on Oct. 15, 2018. A wave of store closures and deals in desperate attempts to stay afloat failed to save the struggling retailer, which...

   • Author: Shoshanna Delventhal

5. www.retaildive.com › news › sears-holdings-175mSears Holdings $175M settlement with Lampert has court ...

   www.retaildive.com › news › sears-holdings-175m

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   Sep 1, 2022 · A federal bankruptcy judge in New York has approved an agreement that would resolve years-long litigation between Sears Holdings and former CEO Eddie Lampert as well as other former...

   • Author: Ben Unglesbee

6. www.retaildive.com › news › sears-holdings-175mSears Holdings reaches $175M settlement with Lampert and ...

   www.retaildive.com › news › sears-holdings-175m

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   Aug 11, 2022 · Dive Brief: After nearly four years in bankruptcy, Sears Holdings and its one-time creditors said they have reached a settlement with its former CEO and majority owner Eddie Lampert and other...

   • Author: Ben Unglesbee

7. www.wsj.com › articles › sears-bankruptcy-judgeSears Bankruptcy Judge Orders Ex-Chairman Lampert, Creditors ...

   www.wsj.com › articles › sears-bankruptcy-judge

   Apr 7, 2022 · The judge overseeing the bankruptcy case of Sears Holdings Corp. appointed mediators to help resolve a $2 billion lawsuit against former chairman Eddie Lampert and other former shareholders...

   • Author: Soma Biswas

8. www.retaildive.com › news › supreme-court-declines‘It’s done, it’s over’: Eddie Lampert’s Sears case won’t go ...

   www.retaildive.com › news › supreme-court-declines

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   Mar 27, 2023 · For years, it seemed like there was no end in sight for Sears’ bankruptcy process, even though it technically concluded in late 2022 after three contentious years, following decades of...

9. www.wsj.com › articles › sears-gets-green-light-toSears Gets Green Light to Wrap Up Bankruptcy Case After 4 ...

   www.wsj.com › articles › sears-gets-green-light-to

   Aug 31, 2022 · A bankruptcy judge signed off on a $180 million settlement of a Sears Holdings Corp. creditor lawsuit against former Chairman Edward S. Lampert and other executives, clearing the final hurdle...