Replies to post #18284 on Sears Holdings Corp. (fka SHLDQ)

[I-Man]

Well Mr. Lampert, these are the major concerns with all your Creditors:

The initial hearing before Judge Robert Drain of the U.S. Bankruptcy Court in White Plains, N.Y., lasted through early afternoon. It is expected to resume Wednesday as lawyers question professionals who worked on behalf of Sears during its bankruptcy and auction, and could continue into Thursday.

The creditors are challenging the sale, claiming Mr. Lampert and his hedge fund used stock buybacks, spinoffs and dividends to rake in billions while stripping the company of its best assets.

Mr. Lampert's ESL has repeatedly denied accusations made by the creditors throughout the bankruptcy proceedings.


And SEC filing yesterday shows this is in fact true if I understand what I am reading from recent Form 4 and you are/have been self-serving and double-dipping...