In the months following the announcement of new ownership in a deal that would save thousands of jobs, at least in the short term. A Texas judge on Monday approved Simon Property Group and Brookfield Asset Management to buy દેશના 1.75 billion worth of illness retailers – the owners of …
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Carlsbad-based fast casual Mexican-food chain Rubios Restaurants filed for bankruptcy in Delaware on Monday. Rubio confirmed the filing in a statement released Monday: “Rubio’s Rest’s Rent… announced today that it has reached an agreement on a comprehensive financial restructuring to reinvest the company with funds sponsored by its sponsor, Mill …
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Lord & Taylor, one of the country’s oldest department store chains, has been out of business since filing for bankruptcy earlier this month. The retailer sold for $ 100 million a year ago Le Tote, San Francisco clothing online clothing rental company by Canadian parent Hudson’s Bay Co. Lord & …
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Distressed investment firm Marble Ridge Capital plans to cut its funds after a government report questioned the actions of its managing partner, Dan Kamensky, in the bankruptcy of the Neiman Marcus Group, the company said. “After much deliberation, and in light of the management environment, we have made the difficult …
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National discount department chain Stein Mart has filed for bankruptcy after 112 years in the company, and announced Wednesday that it will close most of its 280 stores. “The combined effects of a challenging retail environment coupled with the impact of the coronavirus pandemic have caused significant financial distress to …
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