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Sears Holdings v. Lampert’s New Sears: Round Two on Insolvency

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Old Sears versus New Sears and Edward S. Lampert are fighting another battle in bankruptcy court and, of course, they’re fighting over money again. Sears Holdings Corp. is the old Sears company that’s still a debtor in bankruptcy court proceedings. New Sears is the reorganized operation acquired in February for $5.2 billion by Lampert’s ESL Investments,…

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