Last month, Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez asked Eddie Lampert, Sears' owner, demanded he pay the severance and explain why he is fighting a court battle over who picks up the tab. He said at the time that the "new Sears" would pay severance to any of those employees who get laid off going forward. But he said he wanted "old Sears" (the still bankrupt assets) to pay him back for the severance to former employees. "This is entirely an issue between Old and New Sears," Lampert wrote on Thursday. "To our knowledge, the eligible employees whose employment was terminated by Old Sears prior to our acquisition have received all severance due to them.

Source: CNN June 13, 2019 22:30 UTC