Bankruptcy


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How a co-working firm’s bankruptcy endangers CMBS loans

Hit hard by its subtenants’ inability to pay on time, an affiliate of executive suites and coworking company International...

How a co-working firm’s bankruptcy endangers CMBS loans
Charles B. Lebovitz (CBL, iStock)

Mall owner CBL Properties nears bankruptcy

Suffocating under retailers’ inability to pay rent and more than $3 billion in debt, CBL Properties is on its way toward declaring bankruptcy. The company announced that it reached an agreement with some of...

Mall owner CBL Properties nears bankruptcy
Authentic Brands Group CEO Jamie Salter, David Simon and Brooks Brothers (Getty)
New York

Simon, Authentic Brands to buy Brooks Brothers

Brooks Brothers has found its white knight in mall giant Simon Property Group and apparel licensing firm, Authentic Brands...

Simon, Authentic Brands to buy Brooks Brothers
Lord & Taylor and Men’s Wearhouse are just the latest big retail chains to file for bankruptcy (Lord and Taylor by Bruce Bennett/Getty Images; Men's Warehouse by Scott Olson/Getty Images)

Lord & Taylor, Men’s Wearhouse file for bankruptcy

Lord & Taylor and the owner of Men’s Wearhouse have fallen victim to the coronavirus, with the retailers filing...

Lord & Taylor, Men’s Wearhouse file for bankruptcy
RTW Retailwinds CEO and CFO Sheamus Toal and a New York & Company store (Getty, LinkedIn)

New York & Company parent files for bankruptcy

New York & Company’s parent company is the latest chain to file for bankruptcy as the coronavirus has piled...

New York & Company parent files for bankruptcy
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