Clearing more than $4 billion USD in debt.
Along with several other stores.
Hoping to block the payouts in court.
Not enough likes for the department store chain.
But the department store hopes to continue reopening branches.
The second major retailer to go under this week alone.
Competing against an existing $600 million USD loan from other creditors.
The 112-year-old retailer has a $4.3 billion USD debt load.