Sears Holdings Corp. (fka SHLDQ)

[chemist72]

What was accomplished yesterday in Court?

So far, not much can be said about what was accomplished in the Hearing held yesterday. There were 18 disputed items on the agenda (docket 4061) only one of which was resolved prior to the meeting.

We will have to wait now to see how many and which of the remaining 17 disputes will be resolved. I assume the Disclosure Statement filed by SHC will not be approved until all of these disputes are resolved.

What is ESL's position on the Court proceedings regarding SHC's Chap 11 Plan?

"We do have a number of disputes about the plan, but we will put those to the side right now," said Sean O'Neal, an attorney for ESL.

Quote above can be found at the link below.

https://www.cnn.com/2019/05/29/business/sears-severance/index.html

Thanks to jimr1717 for that link.