Chap 11 or Chap 7?
I think it will play out like Radio Shack did in 2015. They will start off with a Chap 11 filing, then sell off what is left of the assets (stores and brand names), then whatever is left will get converted into a Chapter 7 liquidation.
The name Sears may 'live on' as part of another company, but it will just be a label and have nothing of value associated with it.
Louis J. Desy Jr.
As a side note, I still think Sprint buying the Radio Shack name and setting up stores within stores a complete waste of money. If people do not want to shop at Sprint, then figure out why not and fix that, don't go buy another dead name and think that will somehow fix the problem!
