Sears Holdings Corp. (fka SHLDQ)

[trader59]

To be very clear on the stock being cancelled without compensation, here's what that page 44 of the reorganization plan says:

7.9. Existing SHC Equity Interests (Class 9).
(a) Classification: Class 9 consists of Existing SHC Equity Interests.
(b) Treatment: On the Effective Date, all Existing SHC Equity Interests shall be
cancelled. Each such holder thereof shall neither receive nor retain any property
of the Estate or direct interest in property of the Estate of SHC on account of
such Existing SHC Equity Interest.
(c) Voting: Class 9 is Impaired. Holders of Existing SHC Equity Interests are
conclusively deemed to have rejected the Plan pursuant to section 1126(g) of the
Bankruptcy Code. Therefore, holders of Existing SHC Equity Interests are not
entitled to vote to accept or reject the Plan, and the votes of such holders will not
be solicited with respect to such Existing SHC Equity Interests.

The common stock is an equity interest in the company by definition.