SHLDQ - Sears: Court Hearing Could Get Nasty On Monday
On Monday, February 4, there is a critical hearing for Sears Holdings Corp (OTCPK:SHLDQ) and for company’s investors. Eddie Lampert will be there only via texting/emailing with his lawyers, but I don’t expect him to make any dramatic changes to his bid for most of the assets. His two biggest obstacles will be the Official Committee of Unsecured Creditors and reality. Judge Drain will have to decide between a sale to Lampert or an immediate complete liquidation.
Bidding Results
This is from Sears' "Omnibus Reply in Support of Going Concern Transaction" (