Ropes & Gray Represents Financial Advisor to Sears Holdings in Deal to Establish Seritage Growth Properties
Ropes & Gray advised Duff & Phelps, the financial advisor to Sears Holdings, in connection with a transaction to establish Seritage Growth Properties through a rights offering/spin-off and the sale and leaseback of Sears and Kmart stores.
The Ropes & Gray team was led by mergers & acquisitions partner Jim Lidbury (Hong Kong), real estate partner Walter McCabe (Boston) and private equity associate Jim Davis (Chicago).