Sears bankruptcy judge orders ex-President Lampert and creditors to mediate

The judge handling the bankruptcy case of Sears Holdings Corp. appointed mediators to help resolve a $2 billion lawsuit against former chairman Eddie Lampert and other former shareholders filed by the retailer’s creditors three years ago.

Judge Robert Drain has appointed Shelley Chapman, a fellow bankruptcy judge at the U.S. Bankruptcy Court in New York, along with James Peck and Jed Melnick, as mediators in the lawsuit, which alleges Mr. Lampert and his hedge fund stripped assets. key assets like Lands. End and the hometown of Sears…