Sears has until December 15th to find a buyer or they will be forced to liquidate. Now obviously, if there was a buyer to be found they would've shown up by now, and with Eddie having sold off all the valuable assets, leaving behind an empty, debt-laden husk, nobody in their right mind would buy Sears.
The courts know this full well, and have acquiesced to allow enough time to take advantage of the holiday shopping season, and then that's it. The only people who don't know how this will end are the most delusional Sears' employees, because all stakeholders, investors, and everyone associated in the proceedings knows exactly how it will end, as they have already laid out the death warrant and funeral arrangements.