Business

Eddie Lampert Loses Ruling Tied to $718 Million Claim on Old Sears

Eddie Lampert suffered a setback in federal court this week when a judge effectively ruled that some of his claims against the bankrupt estate of Sears Holdings Corp. have so little priority that they are likely worth a fraction of what he’s demanding.

August 7, 2019
Business

Sears Estate Sues Eddie Lampert, Claiming Illegal Transfer of Assets

The bankrupt estate of Sears Holdings Corp. sued Eddie Lampert and his hedge fund ESL Investments Inc., claiming they wrongly transferred $2 billion of company assets beyond the reach of creditors in the years leading up to the retailer’s bankruptcy.

April 18, 2019