
Sears Holdings Corporation
Case No. 18-23538
Case Background
Sears Holdings Corporation and certain of its subsidiaries (collectively, the "Company") have filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The Company intends to use this process to position it to establish a sustainable capital structure, continue streamlining its operating model and grow profitably for the long term.
The Company expects to move through the restructuring process as expeditiously as possible and is committed to pursuing a plan of reorganization in the very near term as it continues negotiations with major stakeholders started prior to the announcement.
The cases are pending before the Honorable Robert D. Drain, and are jointly administered under Case No. 18-23538.
Sears Holdings Corporation is a leading integrated retailer focused on seamlessly connecting the digital and physical shopping experiences to serve its members. The Company operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation, with full-line and specialty retail stores across the United States. Sears Holdings is also home to Shop Your Way®, a social shopping platform offering members rewards for shopping at Sears and Kmart as well as with other retail partners. For more information, visit www.searsholdings.com.
Important Information & Dates
Administrative Expense Claims Consent Program
On October 15, 2019, the Bankruptcy Court entered an order confirming the Modified Second Amended Joint Chapter 11 Plan of Sears Holdings Corporation and Its Affiliated Debtors (ECF No. 5370) (the “Confirmation Order”). The Confirmation Order approved, among other things, the Administrative Expense Claims Consent Program, the Opt-In/Opt-Out Procedures, and the form of Opt-In Ballot and Opt-Out Ballot.
The deadline to opt in to or opt out of the Administrative Expense Claims Consent Program is November 18, 2019, at 4:00 p.m. (ET).
For more information, please click below to view the documents related to the Administrative Expense Claims Consent Program:
Plan and Disclosure Statement
On April 17, 2019, the Debtors filed their Joint Chapter 11 Plan of Reorganization and the Disclosure Statement related thereto. On June 28, 2019, the Bankruptcy Court entered an order approving, among other things, the Disclosure Statement and solicitation procedures and setting a date for a hearing to consider approval of the Disclosure Statement. On October 15, 2019, the Bankruptcy Court entered an order confirming the Plan.
Please click below to view all documents related to the Plan and Disclosure Statement:
Deadline to File Claims
The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors:
- General Bar Date (all creditors other than Governmental Units): April 10, 2019 at 5:00 p.m. (Eastern Time)
- Governmental Unit Bar Date: September 3, 2019 at 5:00 p.m. (Eastern time)
A copy of the Notice of Deadline for Filing Proofs of Claim (the “Bar Date Notice”) is available here.
- The Bar Date Notice was mailed to all known parties with a relationship to the Debtors, including shareholders, customers, and current and former employees.
- The fact that you have received the Bar Date Notice does not mean that you have a claim or that the Debtors believe that you have a claim.
- The Bar Date Notice lists who must file a proof of claim, and who need not file a proof of claim.
- Please read the Bar Date Notice carefully. You should consult an attorney if you have any questions, including whether you should file a proof of claim.
- Prime Clerk is not permitted to provide legal advice, including advising as to whether or not you should file a proof of claim.
Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors.
Answers to FAQs are available here.
Dates
Parties
Debtors' Counsel
-
Weil, Gotshal & Manges LLP
767 Fifth Avenue
New York, NY 10153
https://www.weil.com/
Phone: 212-310-8000
Fax: 212-310-8007
Ray C. Schrock, P.C.
Garrett A. Fail
Jacqueline Marcus
Sunny Singh
Debtors' Restructuring Advisors
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M-III Partners, LP
1700 Broadway
19th Floor
New York, NY 10019
https://m3-partners.com/
Phone: 212-202-2200
Colin M. Adams
Brian Griffith
Unsecured Creditors' Committee Counsel
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Akin Gump Strauss Hauer & Feld LLP
One Bryant Park
New York, NY 10036
https://www.akingump.com/en/
Phone: 212.872.1000
Fax: 212.872.1002
Ira S. Dizengoff
Philip C. Dublin
Abid Qureshi
Sara L. Brauner
United States Trustee and Court Information
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United States Bankruptcy Court
Southern District of New York
300 Quarropas Street, Room 248
White Plains, NY 10601
http://www.nysb.uscourts.gov
Phone: 914-467-7088
-
United States Trustee
U.S. Federal Office Building
201 Varick Street, Suite 1006
New York, NY 10014
https://www.justice.gov/ust-regions-r02
Phone: 212-510-0500
Fax: 212-668-2255
Paul Schwartzberg
Richard Morrissey
Debtors
Case Number | Debtor Name | Petition Date |
---|---|---|
Case Number 18-23538 | Debtor Name Sears Holdings Corporation | Petition Date October 15, 2018 |
Case Number 18-23543 | Debtor Name A&E Factory Service, LLC | Petition Date October 15, 2018 |
Case Number 18-23544 | Debtor Name A&E Home Delivery, LLC | Petition Date October 15, 2018 |
Case Number 18-23545 | Debtor Name A&E Lawn & Garden, LLC | Petition Date October 15, 2018 |
Case Number 18-23546 | Debtor Name A&E Signature Service, LLC | Petition Date October 15, 2018 |
Case Number 18-23564 | Debtor Name Big Beaver of Florida Development, LLC | Petition Date October 15, 2018 |
Case Number 18-23582 | Debtor Name BlueLight.com, Inc. | Petition Date October 15, 2018 |
Case Number 18-23565 | Debtor Name California Builder Appliances, Inc. | Petition Date October 15, 2018 |
Case Number 18-23547 | Debtor Name FBA Holdings Inc. | Petition Date October 15, 2018 |
Case Number 18-23566 | Debtor Name Florida Builder Appliances, Inc. | Petition Date October 15, 2018 |
Case Number 18-23548 | Debtor Name Innovel Solutions, Inc. | Petition Date October 15, 2018 |
Case Number 18-23567 | Debtor Name KBL Holding Inc. | Petition Date October 15, 2018 |
Case Number 18-23554 | Debtor Name Sears Home & Business Franchises, Inc. | Petition Date October 15, 2018 |
Case Number 18-23568 | Debtor Name KLC, Inc. | Petition Date October 15, 2018 |
Case Number 18-23549 | Debtor Name Kmart Corporation | Petition Date October 15, 2018 |
Case Number 18-23539 | Debtor Name Kmart Holding Corporation | Petition Date October 15, 2018 |
Case Number 18-23576 | Debtor Name Kmart of Michigan, Inc. | Petition Date October 15, 2018 |
Case Number 18-23570 | Debtor Name Kmart of Washington LLC | Petition Date October 15, 2018 |
Case Number 18-23540 | Debtor Name Kmart Operations LLC | Petition Date October 15, 2018 |
Case Number 18-23571 | Debtor Name Kmart Stores of Illinois LLC | Petition Date October 15, 2018 |
Case Number 18-23572 | Debtor Name Kmart Stores of Texas LLC | Petition Date October 15, 2018 |
Case Number 18-23585 | Debtor Name Kmart.com LLC | Petition Date October 15, 2018 |
Case Number 18-23550 | Debtor Name MaxServ, Inc. | Petition Date October 15, 2018 |
Case Number 18-23573 | Debtor Name MyGofer LLC | Petition Date October 15, 2018 |
Case Number 18-23551 | Debtor Name Private Brands, Ltd. | Petition Date October 15, 2018 |
Case Number 18-23574 | Debtor Name Sears Brands Business Unit Corporation | Petition Date October 15, 2018 |
Case Number 18-23586 | Debtor Name Sears Brands Management Corporation | Petition Date October 15, 2018 |
Case Number 18-23583 | Debtor Name Sears Brands, L.L.C. | Petition Date October 15, 2018 |
Case Number 18-23584 | Debtor Name Sears Buying Services, Inc. | Petition Date October 15, 2018 |
Case Number 18-23552 | Debtor Name Sears Development Co. | Petition Date October 15, 2018 |
Case Number 18-23553 | Debtor Name Sears Holdings Management Corporation | Petition Date October 15, 2018 |
Case Number 18-23555 | Debtor Name Sears Home Improvement Products, Inc. | Petition Date October 15, 2018 |
Case Number 18-23541 | Debtor Name Sears Operations LLC | Petition Date October 15, 2018 |
Case Number 18-23558 | Debtor Name Sears Protection Company | Petition Date October 15, 2018 |
Case Number 18-23569 | Debtor Name Sears Protection Company (Florida), L.L.C. | Petition Date October 15, 2018 |
Case Number 18-23560 | Debtor Name Sears Roebuck Acceptance Corp. | Petition Date October 15, 2018 |
Case Number 18-23537 | Debtor Name Sears, Roebuck and Co. | Petition Date October 15, 2018 |
Case Number 18-23561 | Debtor Name Sears, Roebuck de Puerto Rico, Inc. | Petition Date October 15, 2018 |
Case Number 18-23577 | Debtor Name SHC Desert Springs, LLC | Petition Date October 15, 2018 |
Case Number 18-23578 | Debtor Name SOE, Inc. | Petition Date October 15, 2018 |
Case Number 18-23556 | Debtor Name Sears Insurance Services, L.L.C. | Petition Date October 15, 2018 |
Case Number 18-23557 | Debtor Name Sears Procurement Services, Inc. | Petition Date October 15, 2018 |
Case Number 18-23562 | Debtor Name SYW Relay LLC | Petition Date October 15, 2018 |
Case Number 18-23563 | Debtor Name Wally Labs LLC | Petition Date October 15, 2018 |
Case Number 18-23579 | Debtor Name StarWest, LLC | Petition Date October 15, 2018 |
Case Number 18-23580 | Debtor Name STI Merchandising, Inc. | Petition Date October 15, 2018 |
Case Number 18-23581 | Debtor Name Troy Coolidge No. 13, LLC | Petition Date October 15, 2018 |
Case Number 18-23559 | Debtor Name Sears Protection Company (PR) Inc. | Petition Date October 15, 2018 |
Case Number 18-23542 | Debtor Name ServiceLive, Inc. | Petition Date October 15, 2018 |
Case Number 18-23575 | Debtor Name Sears Holdings Publishing Company, LLC | Petition Date October 15, 2018 |
Case Number 18-23616 | Debtor Name SHC Licensed Business LLC | Petition Date October 18, 2018 |
Case Number 18-23630 | Debtor Name SHC Promotions LLC | Petition Date October 22, 2018 |
Case Number 19-22031 | Debtor Name SRe Holding Corporation | Petition Date January 07, 2019 |