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Sears directors tap Evercore to examine former CEO Eddie Lampert's dealsTwo Sears board directors have hired an investment bank to look into deals made by the company's former CEO Eddie Lampert before the company filed for bankruptcy
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Eddie Lampert's ESL Investments reportedly partnering with Cyrus Capital Partners in Sears bidEddie Lampert has said in court filings his hedge fund, ESL Investments, is planning to buy roughly 500 of Sears' stores, helping it to emerge from bankruptcy. It has been unclear how ESL would finance such a bid.
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Court gives Sears new life, allows Chairman Eddie Lampert another chance to save retailerSears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs.
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Ex-Sears CEO Eddie Lampert orchestrated 'scheme' to 'steal' Sears, creditors allegeSears boss and investor Eddie Lampert orchestrated a 'multi-faceted scheme' to strip the company of assets, major creditors alleged.
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Sears Sues Ex-CEO Eddie Lampert, Claiming He Stripped Assets and Left It BrokeA lawsuit accuses Eddie Lampert, his hedge fund ESL Investments, and various directors of ESL and Sears of siphoning away billions of dollars of assets as the company racked up huge losses.
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Sears sues former CEO Eddie Lampert, Treasury Secretary Mnuchin and others for alleged billion-dollar ‘thefts’Sears sues former CEO Eddie Lampert, Treasury Sec. Mnuchin and others for allegedly stealing billions of dollars from the once-storied retailer.
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