Hoffman Estates Business
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Cyrus, Omega call truce in Sears CDS fight after settling tradesJan 02, 2019 12:00 am - A bankruptcy judge approved Sears Holdings Corp.'s sale of notes to Cyrus Capital Partners even as he called the outcome "odd," ending a chapter in the hedge fund's effo...
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Lampert's hedge fund says bid submitted to save SearsDec 27, 2018 10:00 pm - NEW YORK — Sears Chairman Eddie Lampert's hedge fund said it submitted a last-minute bid Friday valued at $4.4 billion to keep the struggling retailer from being liquida...
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Lavelle Law adds new attorney to litigation practice groupDec 20, 2018 10:00 pm - Schaumburg-based Lavelle Law has added attorney Brian Massimino to its litigation practice group. Massimino will be working primarily out the firm's Chicago office. Prio...
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Layoffs loom large as banks weigh funding deal to save SearsDec 20, 2018 12:00 am - Bankers meeting to discuss financing for Sears Holdings Corp.'s impending bankruptcy erupted in disbelief when a headline crossed their smartphone screens. Its subject: ...
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Planning Your Holiday Office Party in Today's WorkplaceDec 13, 2018 10:00 pm - While the focus on harassment in the workplace has brought significant changes in recent months, a leading Chicago-area HR consultant is encouraging employers not to los...
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Ex-CEO of Hoffman Estates company imprisoned for pocketing $2.2 million in investmentsDec 12, 2018 12:00 am - The former CEO of a Hoffman Estates pharmaceutical company was sentenced Wednesday to four years in prison for pocketing $2.2 million from investors to spend on his Mich...
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Sears seeks offers on stores Lampert needs for turnaroundDec 10, 2018 12:00 am - Sears Holdings is shopping around its stores, looking to gauge what they're worth in the open market while it weighs Chairman Eddie Lampert's $4.6 billion bid to buy the...
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'It's really about ego and saving face': Lampert makes $4.6 billion bid to keep Sears aliveDec 06, 2018 12:00 am - Eddie Lampert offered to buy Sears Holdings Corp. out of bankruptcy in a bid to salvage the failing retail empire he has controlled for more than a decade. The chairman ...
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Weaker Sears holiday forecast heightens doubts about survivalDec 05, 2018 12:00 am - Revised internal forecasts show that Sears Holdings Corp. will bleed hundreds of millions of dollars more than it expected over the coming weeks, casting new doubt on wh...
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Lavelle Law Founding Partner to be Featured Speaker on ABA PodcastDec 03, 2018 10:00 pm - Kerry Lavelle, founding partner of Lavelle Law in Schaumburg, will be the featured speaker for the American Bar Association's (ABA) GP Solo Live Podcast - Brown Bag Sess...