Sears Holdings Corporation – Agent for Senior Lending Facility Objects to Sale of Real Property, Citing Concerns with Use of Proceeds

December 20, 2018 – SL Agent objected [Docket No. 1357] to the Debtors’ motion for the sale of property [Docket No. 938]. SL Agent is the agent for the Debtors’ Third Amended and Restated Loan Agreement, dated as of June 4, 2018 (the “Loan Agreement,” which had $831.4mn outstanding as of the Petition date). The…