lampert has nothing to do with sears holdings corporation anymore.
unless he does it as a creditor requesting the chapt 11 be converted to a chapt 7 for purposes of immediate liquidation, lampert has no status to request a dismissal. and if he were to do it as a creditor before all of the i's are dotted and t's are crossed related to the closing, that might actually jeopardize the nol shift to transform holdco.
lampert has nothing to do with selling the inventory and real estate to pay off "whatever agreement holders" you are referencing. those gobs are being conducted by sears holdings and yes, those proceeds will be used to pay for administrative claims and various creditors. so, if the "he" you refer to is lampert, you are just flat wrong in your analysis.
a lot of things could happen, just not any of the things you mention in this post in the way you have described them
