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Judge Robert Drain

With deal approved Sears, Kmart stores to remain open

With deal approved Sears, Kmart stores to remain open

WHITE PLAINS, N.Y. — This past week a federal judge approved a last-minute deal to save Sears Holdings in much smaller form, giving the retailer a second chance. Judge Robert Drain okayed a deal to sell the major remaining assets of Sears to its chairman, largest shareholder and former chief executive office Eddie Lampert’s hedge