Sears was lucky to receive the green light on a $5.2 billion plan, proposed by Sears chairman and biggest shareholder, Eddie Lampert. This restructuring plan is meant to give Sears a second chance on life and hopefully keep the historical, retail business alive and kicking. Experienced bankruptcy lawyers agree this is a bold plan to …
Continue reading “Sears Given a New Lease on Life after Bankruptcy Judge Approves Plan”