logo black and white
BROWSE
WHERE TO WATCH
MORE
CONTACT
Log InorSign Up
logo color

Bankruptcy Filing Shifts Spotlight to Sears’ Pension Plans

October 19, 2018
Sears decision to seek Chapter 11 bankruptcy protection has brought its underfunded pension plans into the spotlight. Eddie Stone, counsel to ProtectSeniors.Org explains why he thinks the government will need to step in.
thumbnail
WATCH NEXT
Luis Guzman Adds Another Title to his 100+ Movie Roles

Related

Oct 19, 2018
1:55
What Happens to Sears Pensioners After Bankruptcy?
As Sears files for Chapter 11 bankruptcy protection, the future of its massive pension obligations is in question. The storied retailer has around 90,000 retirees with pensions, and Eddie Stone, counsel to ProtectSeniors.org, said Sears is still "on the hook" for those funds unless it ends up being liquidated.
Oct 15, 2018
6:06
Sears Files for Bankruptcy, CEO Steps Down
After years of declining sales, Sears, once America's largest retailer, has filed for bankruptcy. Evan Clark, Deputy Managing Editor at WWD, joined Cheddar to discuss whether the retailer can emerge out of bankruptcy.
Oct 15, 2018
2:20
Sears, One-Time Face of American Retail, Files for Bankruptcy
Sears, the 125-year-old retailer that pioneered the use of the U.S. Postal Service to sell Americans everything from jewelry to tires, has filed for chapter 11 bankruptcy protection.