Sears and the Scouts are each getting closer to Ch. 11 Resolutions

By Vince Sullivan (September 2, 2022, 4:17 p.m. EDT) — The years-long dispute between Sears and its former CEO ended with a settlement, the Boy Scouts of America took a giant step toward confirmation, and the Crypto investment platform Celsius wants to release $56 million worth of digital assets. It’s bankruptcy week.

Sears Claims Resolved

A New York bankruptcy judge has said he will approve a $175 million settlement to resolve Sears’ claims against its former CEO, though he will delay signing the order to give the parties time to settle. consider a last minute addition to the regulations.

US Bankruptcy Judge Robert Drain said he would approve the deal ending…

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