Sears' creditors are waiting to learn how much money they'll recoup from its bankruptcy case. The only thing that's certain: Whatever they get will be reduced by the tens of millions because of legal and other professional fees that are already mounting in the case.
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Sears may live on but experts think a turnaround is unlikelySears chairman Eddie Lampert has made another bid to save the bankrupt department store retailer, but even if it continues on experts don’t think the company will be revived.
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Sears' unsecured creditors say downfall was caused 'by years of misconduct,' object to Lampert dealSears' unsecured creditors filed an objection Thursday morning to Chairman Eddie Lampert's deal to save the company through his hedge fund, ESL Investments.
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