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Sears Says Lampert Stripped Company 'of billions of dollars of assets'

Retail News and Trends

Sears Holdings Corporation; Sears, Roebuck And Co.; Sears Development Co.; Kmart Corporation and several debtors last week took former Chairman and CEO Eddie Lampert and other former board members to court, demanding a jury trial on claims that it has been pillaging the company for years, according to court documents filed with the United States Bankruptcy Court Southern District Of New York...

Mentions: Fiduciary Duties bankruptcy Sears