Creditor Lawsuit Against Ex-Sears Owner Lampert Now in Mediation

A lawsuit against former Sears owner and chairman Eddie Lampert and other company shareholders is headed to mediation, according to a filing.

• Judge Robert Drain, who oversaw the Sears bankruptcy, assigned Shelley Chapman, James Peck and Jed Melnick as co-mediators in the lawsuit
• The lawsuit is what remains of a battle over assets following the retailer’s 2018 bankruptcy
• The estate of Sears Holdings Corp. sued Lampert and his hedge fund ESL Investments Inc., claiming they wrongly transferred $2 billion of company assets away from creditors in the years before the Chapter 11 filing
• The case is Sears Holdings ...