Industry committee  Yes. The simple answer is yes.

Industry committee  I'm not certain. I don't believe so. There were really only the super creditors and the rest in this case. The employees were part of the super creditors and the banks. I don't believe it would have made any meaningful difference to Sears pensioners. I don't agree with that proc

Industry committee  That's a complicated question, Mr. Duvall. The situation that Sears found itself in is not unique but it is substantially different from other examples, like that of Nortel. The Sears situation involved a specific business practice the hedge fund used against the company. There a

Industry committee  Yes, I'm with Laura on this. I could accept it as a negotiated settlement, if you would, but it's not my preference. I'm not sure why pensions should be capped when lending institutions are not.

Industry committee  This is debt—real debt. It can be classified in very similar ways to debt that the banks hold, so I'm not sure why it would be capped—but I understand. Thank you.

Industry committee  Thank you very much. Good morning, everybody. My name is Ken Eady. I am a Sears retiree and a court-appointed representative for the 17,000 Sears retirees who were affected by the bankruptcy of Sears. Most of you know the story of Sears, which was a long-time Canadian company,