Sears Holdings Corp. (fka SHLDQ)

[chemist72]

Sears' BK case: Huge step towards confirmation taken yesterday.

https://www.foxbusiness.com/markets/sears-wins-liquidation-plan-approval-as-bankruptcy-end-is-near

https://www.wsj.com/articles/sears-wins-liquidation-plan-approval-as-lengthy-bankruptcy-nears-end-11570494729

News outlets are finally catching up with the truth and are now calling SHLDQ's BK Plan a "liquidation". Anyone who has been following the court proceedings and reading the dockets has known for quite a while that ever since Sears filed their first version of a BK Plan (back on April 17, 2019) that it was a Plan of Liquidation.

https://www.sec.gov/Archives/edgar/data/1310067/000119312519111066/d937079d8k.htm

On April 17, 2019, the Debtors filed a proposed Joint Chapter 11 Plan of Liquidation (the “Plan of Liquidation”) and a Disclosure Statement describing the Plan of Liquidation and the solicitation of votes to approve the same from certain of the Debtors’ creditors with respect to the Chapter 11 Cases.