Hoffman Estates Business
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Sears prepares for possible liquidation as ESL bid failsJan 06, 2019 12:00 am - Sears Holdings Corp. is preparing to potentially wind down the iconic retailer after Chairman Eddie Lampert's bid to buy several hundred stores out of bankruptcy fell sh...
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District 220 still has concerns about AT&T campus redevelopmentJan 04, 2019 4:00 am - The next step in the redevelopment of the former AT&T campus in Hoffman Estates into a self-contained community of businesses and multifamily housing called “City Works”...
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It's Judgment Day for Eddie Lampert's last-ditch Sears rescue planJan 04, 2019 12:00 am - Eddie Lampert has filled in the blanks on his own $4.4 billion rescue bid for Sears, but a couple of key numbers were still missing less than a day before a key court de...
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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...