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Sears Canada Pensioners Dispute Dividends to Lampert’s ESL

Sears Canada creditors are calling $3 billion in dividends into question, prompting Eddie Lampert, a controlling shareholder to defend payments his ESL Investments hedge fund received. The Wall Street Journal has reported that a group of retirees from Sears Canada filed court documents on Friday seeking the appointment of a trustee in the retailer’s bankruptcy…

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