Sears Wins Approval Of Ch. 11 Plan, But Exit Isn't Imminent

By Rick Archer ( October 15, 2019, 4:35 PM EDT) -- A New York federal judge on Tuesday confirmed Sears' Chapter 11 plan that sets aside $3 million for retirees and will allow post-bankruptcy vendors to receive 75 cents on the dollar, while keeping the case open until the retailer can recoup some of the expenses it has racked up in bankruptcy....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!