In re: Sears Holdings Corporation, et al., Chapter 11 Bankruptcy Proceedings

Sears filed for Chapter 11 bankruptcy in October 2018 following a prolonged decline. In January 2019, ESL Investments won the auction to acquire Sears out of bankruptcy.

Akin Gump Strauss Hauer & Feld retained Analysis Group on behalf of the Official Committee of Unsecured Creditors of Sears Holdings Corporation to analyze the viability of ESL Investments’ business plan for a post-bankruptcy Sears. 

As part of the Sears Chapter 11 bankruptcy proceedings, our team, led by Managing Principal Michael Holland and Vice President Edi Grgeta, and including Managers Todor Stoyanov and Smit Shrestha, supported Jan Kniffen, a retail industry expert, in reviewing the proposed business plan for reorganizing Sears and assessing the reasonableness of its financial projections and liquidity forecasts.