Sears Holdings Corp. (fka SHLDQ)

[linda1]

The Top 20 Unsecured Creditors are owed $ 3.375 B
per Docket # 1.


This Top 20 does not include the Public Benefits
Guaranty Corp - PBGC - which is to receive $ 800 M.


The value of the SHLDQ Shares is not in the approved
Sale. It is in the POR to be filed by June 12, 2019.


If today’s CNN news article is correct in that the Junior
Unsecured Creditors will likely only receive pennies
on the dollar then the SHLDQ Shareholders receive zero
unless otherwise voted for.


“ The creditors, who are owed more than $3 billion
by Sears, argued that closing the company was the
best way to return the most money. Those creditors
will now have to wait to find out how much they get
of the money they are owed, but it is likely to be
pennies on the dollar in many cases. “


https://www.cnn.com/2019/02/07/investing/sears-decision/index.html