Sears Holdings Corporation

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Case overview

Case Number:

7:18-bk-23538

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

December 17, 2024
2nd Circ. Says Sears Trustee Can Keep Mall Of America Lease

The Second Circuit has upheld a district court order obliging the return of bankrupt Sears Holding Corp.'s lease in Minnesota's Mall of America to SHC's liquidating trustee, finding in part the mall's earlier lease was not a "true" contract.
May 07, 2024
Judge Rips 2nd Circ.'s 'Erroneous' Ruling In Sears Lease Spat

A New York federal district judge ruled that Sears Holdings Corp.'s lease for the Mall of America in Minneapolis should be returned to the bankrupt retail chain's liquidating trustee, saying that the decision gives "scant comfort" as it removed from the books "an obviously outlier ruling" by the Second Circuit.
September 02, 2022
Sears, Boy Scouts Each Move Closer To Ch. 11 Resolutions

The yearslong dispute between Sears and its former CEO ended with a deal, the Boy Scouts of America took a giant leap toward confirmation, and crypto investment platform Celsius wants to release $56 million of digital assets. This is the week in bankruptcy.
August 31, 2022
Sears Gets OK For $175M Deal With Ex-CEO

A New York bankruptcy judge on Wednesday said he would approve a $175 million deal to resolve claims by Sears against its former CEO, although he would delay signing the order to give parties time to look over a last-minute addition to the settlement.
August 10, 2022
Sears Says It's Reached $175M Deal In Suit Against Ex-CEO

Sears is asking a New York bankruptcy judge to approve a $175 million deal to resolve claims former CEO Eddie Lampert and others profited by spinning off the retail chain's assets while the company spiraled into bankruptcy.
June 29, 2022
Retiring Judge Retains Sears Ch. 11 Litigation Funding Issue

A New York bankruptcy judge will continue to preside over a litigation funding issue in the Chapter 11 case of Sears Holding Corp. after being recalled to the bench on the eve of his retirement.
March 25, 2022
Sears' Deadline For Mall Of America Sublease Extended

A New York bankruptcy judge Friday gave a reorganized Sears more time to secure a new tenant for its former store in the Mall of America and said this resolved the only issue related to the lease that he had jurisdiction to rule on.
March 10, 2022
Mall Of America Says Ch. 11 Judge Can't OK Sears' Sublease

The owners of the Mall of America told a New York bankruptcy judge Wednesday that a dispute over whether a reorganized Sears had proposed an acceptable sublease for its former store in the mall has no ties to Sears' Chapter 11 case and is out of his jurisdiction.
May 27, 2021
Judge Says Sears Buyer Not Liable For Warranty Suit

A New York bankruptcy judge on Thursday ruled that Sears Holding Co. did not pass along liability for a class action alleging that the retail chain sold extended warranties it never intended to honor when it sold its assets to its ex-CEO in Chapter 11 two years ago.
May 14, 2021
Sears Vendors Ask Judge To Reject New Professional Fees

A group of Sears' post-Chapter 11 vendors is asking a New York bankruptcy court to reject the company's request to increase the fees it's paying the firms working on its clawback claims, saying payments to vendors should come first.

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