There are lots of Stores left that have not been liquidated yet. I read in a filing today that the ESL Plan was for 505 Stores but it was the Debtors who reduced the number to 425.
WMIH had very little Assets left after paying off the Creditors when it emerged from Bankruptcy - it was the NOLs that were of significant value.
WMIH merged with another Company to utilize the NOLs. Sears Holdings could merge with Holdco to utilize the NOLs.
Would Sears Holdings have to change its name if it Reorganizes and the APA is approved? Holdco will have all rights to the Sears name.