This is an update for investors following the bankruptcy case of Sears Holdings Corp. (SHLD) and includes a number of critical legal issues that could influence the bankruptcy process of Sears which are currently impacting bankrupt companies. A hearing is set for October 25 for interim approval of the procedure to close stores. As expected, multiple objections have been filed with the court. (I may attend the hearing and will post information in the comment area below.)
Vendors Are Already Creating More Problems
Actions by vendors could determine if Sears is able to