judge drain's order to extend the exclusive period in which to file the por also provided there will be an omnibus hearing on march 21 at which time there should be some update on the por plans.
unless shc were to declare itself to be administratively insolvent between now and the hearing, the "q" will stay attached to shld at least until that time.
correcting my comment to chemist earlier, i had thought there was a double extension to file, the august date was the outside date for solicitation of bids.
while we will have to wait until the por is filed (hopefully june), if the nols and tax credits stay with lampert then sears will have three years from closing the lampert deal to liquidate. so, even if shldq goes away, old sears will "live on" while it winds down (analysis on post # 28636).
fate of shldq shareholders should be resolved once the por is filed which should be june if shc keeps to the schedule.
