Sears Holdings Corp. (fka SHLDQ)

[AMPazzo]

Jobs play no role in the decision Judge Drain renders. If Judge Drain feels Sears cannot deliver to the Creditors with the Bankruptcy Plan set forth by ESL he will order Sears to Liquidate. Judge needs to act in good faith of the creditors not the jobs at risk to be lost.

Bankruptcy Court Judge Robert Drain has indicated that he would like Sears to survive if possible to save up to 45,000 jobs. But under bankruptcy law he has to decide on what's best for those owed billions by the troubled retailer.
Sears' creditors argue that the company is doomed to fail and want it liquidated.