BankruptcyData Begins Special Coverage of Sears Rescue Efforts

On September 23, 2018, ESL Partners, L.P. (the eponymously named investment vehicle of Edward S Lampert, “Mr. Lampert”) delivered a proposal (the “ESL Proposal”) to the Board of Sears Holdings Corporation outlining a plan to rescue the Sears retail empire (including inter alia, 506 Sears stores and 365 KMart stores) from bankruptcy and possible liquidation…