Sears Holdings – Unsecured Creditors Object to DIP Financing and Cash Management Motions, Citing Concerns Over Diminishing Asset Pool for Unsecured Creditors

November 14, 2018 – Sears Holdings’ Official Committee of Unsecured Creditors filed an objection [Docket No. 740] to the Debtors’ debtor-in-possession (“DIP”) financing motion and cash management motion [Docket Nos. 7 and 5, respectively].  The Committee asserts, “The granting of the joint and several suprpriority claims and related liens in respect of the rolled up…