Sears creditors suggest Chairman Eddie Lampert structured deals to enrich himself

Sears creditors are questioning a series of deals between the company and its chairman and primary shareholder, Eddie Lampert, saying they might have been structured to benefit him rather than the company.

A committee of those owed money by Sears filed a motion in bankruptcy court Tuesday asking to be given access to documents detailing the deals, saying they are “potentially problematic.” Creditors are particularly concerned about deals involving Sears and ESL, the hedge fund that Lampert owns. Click here to read more at http://www.hartfordbusiness.com .